Millennials understand the burden of student debt better than any generation in American history. For many young people, rising education costs have created an economic burden that is seemingly insurmountable. Although there are many ways to provide assistance for students struggling with debt, it is clear that a host of innovative approaches are needed to address the needs of students from a variety of academic and technical backgrounds.
H.R. 5191, the HELP for Students and Parents Act, seeks to take an innovative approach to addressing the burden by modernizing the tax code. The bill was introduced by Future Caucus member Bob Dold, and has received support from Future Caucus Members Rep. Will Hurd (R-TX), Rep. Tulsi Gabbard (D-HI), and Rep. Brendan Boyle (D-PA).
Congressman Robert Dold (R-IL) recently penned an op-ed in the Chicago Sun Times calling for Americans to unite behind the HELP for Students & Parents Act, a bipartisan legislative effort to help individuals and families better save and prepare for the costs of college. The bill has received broad support from members of the Congressional Future Caucus.
"Young people who graduated college with student loans to pay will get some relief retiring the debt if Rep. Robert Dold (R-IL) successfully shepherds his latest proposed legislation through Congress."
Dold Announces HELP for Students and Parents Act, an Innovative Approach to Paying for College; 40 Million Americans Currently Burdened by More Than $1.3 Trillion in Student Loan Debt.