The comedian Hasan Minhaj testified before the House Financial Services Committee Tuesday. He urged lawmakers to tackle the $1.5 trillion student debt crisis.
Hasan Minhaj: “Now, look, we know the deck is stacked against student borrowers in ways that it wasn’t 10 or even 15 years ago. And they deserve some basic protections. Americans should not have to go bankrupt pursuing higher education, and they should never be preyed upon by underregulated loan servicing companies. So, members of this committee, we know the government is capable of stepping in during a financial crisis. So, really, all I’m asking today is: Why can’t we treat our student borrowers the way we treat our banks? Because 44 million Americans, that is too big to fail.”