More than 44 million people collectively owe $1.5 trillion in student loan debt, and Assemblyman Anthony Brindisi, a candidate for the 22nd Congressional District, is pushing for more protection for borrowers.
Brindisi held a press conference Wednesday outside Bradley Elementary School in New Hartford, demanding change in the student loan industry.
Last week, one of the heads of the Consumer Financial Protection Bureau resigned because of unfair and deceptive practices regarding student loans.
Brindisi says that will mean one giant mess for students who are applying to and paying down their student loands. He’s urging the state attorney general to take action, but he’s also calling out his opponent, Congresswoman Claudia Tenney, saying she’s done nothing to address the growing crisis.
"She has also taken campaign cash from most major financial institutions, from Bank of America to Morgan Stanley, from Wells Fargo to JP Morgan Chase, while serving on the House Financial Services Committee,” Brindisi said. “Chances are if you have student loan debt, you are paying one of Claudia Tenney's contributors."
We reached out to Tenney’s office on Wednesday and her campaign manager sent us the following response:
"While politician Anthony Brindisi has voted three times to give reduced college tuition to illegal immigrants and worked with Governor Cuomo to devastate upstate New York's economy so there are no jobs for students to come home to, representative Tenney has worked to increase federal Pell grant money to low income students, extend federal student programs, and increase career and technical education so every young American has a chance for a good job without attending college."