{"database": "press", "table": "releases", "rows": [["https://tomgarrett.house.gov/media/press-releases/garrett-introduces-student-security-act-combat-student-debt-and-empower", "Garrett Introduces Student Security Act to Combat Student Debt and Empower Students", "2017-12-14", "2017", "2017-12", "Republican", "House", "VA", "Thomas Garrett", "G000580", "tomgarrett.house.gov", null, null, "legacy", "WASHINGTON, D.C. (Dec. 14, 2017)\u2014Congressman Tom Garrett (R-VA), Member of the House Committee on Education and the Workforce, released the following statement on the introduction of the Student Security Act of 2017 (H.R. 4584):\n\u201cOver forty-million Americans, myself included, are paying back $1.3 trillion in student debt, yet Congress has shown little urgency to address this.\u201d\n\u201cNo one can deny that millions of Americans face tens-of-thousands of dollars in debt-per-student. These economic pressures inhibit key life events, like home-buying, starting a family, and worst of all, harnessing ideas and starting businesses.\u201d\n\u201cIf we fail to take substantive steps to change course, we will lose much of the potential from this generation.\u00a0\u00a0This loss would be devastating, as too would be the loss of its energy, ideas, and vision that create jobs and opportunity.\u201d\n\u201cThe Social Security Administration projects the Student Security Program would save more than $700 billion over the lifetime of the program\u2014over 11% of what\u2019s needed to make Social Security solvent for perpetuity.\u201d\n\u201cThe time for action is now.\u00a0\u00a0This debt is a huge threat to America.\u00a0Without action, opportunity and themselves hang in the balance.\u00a0I will not stand idly by as Social Security goes bankrupt and Millennials drown in debt.\u201d\nBackground: \u00a0The Student Security Act of 2017 seeks to allow $550 in student loan forgiveness \u2014 roughly the average cost for one credit hour at a public university \u2014 in exchange for raising a participant\u2019s full-retirement age for Social Security benefits by one month. \u00a0This translates to $6,600 for every year in delayed benefits, with a maximum amount of $40,150 in debt relief which corresponds to a 6 year and 1 month raise in the retirement age.\n###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://tomgarrett.house.gov/media/press-releases/garrett-introduces-student-security-act-combat-student-debt-and-empower"], "units": {}, "query_ms": 2.268895972520113, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}