Representative Patti Minter Sponsors Bill to Increase Student Loan Transparency –


Since her first election in November 2018, Patti Minter, a history professor at WKU and state representative, has sponsored numerous bills to help voters in her district.

Minter won her election in 2018 and was the first woman to serve on the Warren County Kentucky General Assembly. She was predeceased by Jody Richards, a name well known to students of the WKU School of Media. She will stand for re-election at the end of her term.

Recently, Minter pre-tabled House Resolution 96, “Student Loan Administrators Act”. While there have been some minimal changes to the bill, according to Minter, it is roughly the same as the bill she proposed last year.

The co-sponsor of HR 96 is Attica Scott, an African-American woman from Louisville.

“One of the reasons I’m proud to have her on this bill is that this past semester she paid off her student loans,” Minter said. “She grew up children. That says a lot. “

Minter has taught at WKU for 28 years, and over the course of her career, speaking and listening to students, she has seen “the escalation of the student loan crisis” rampant.

She said students and her colleagues are facing the burden of their loans.

“The theme is the same: I’ll never get out of there [student loans]”Minter said.” One of the reasons this is true is because we have predatory lending practices. “

One of Minter’s voters who graduated 10 years ago had never missed a payment on her loans, but she said she only paid back $ 700 of her principal. The rest was on interest alone.

“The thing people tell me very often is ‘I wish I knew when I signed up for all of this what I was getting myself into,’” Minter said.

This feeling of not knowing is universal according to Minter. While researching HR 96, she found that 12 other states had adopted these Borrower Bill of Rights laws.

His bill seeks to accomplish three main things. First, it will require full transparency and disclosure

“Give them [the signers and cosigners] up to the agency to decide whether they want to do it or not.

Second, the bill would require loan officers to disclose exactly what their bill is used for, whether it is principal or interest, and so on, such as the person’s balance.

Finally, HR 96 would also provide a remedy for people who have been ‘victimized’ by predatory lending services, while also giving the individual a way to complain to the state ombudsperson, who can then refer cases to the public. regulators for further action.

“We have to make sure that someone has the back of the student loan borrower, and I’m ready to be that person,” Minter said.

Journalist Michael Crimmins can be reached at [email protected]. Follow him on Twitter @michael_crimm

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