Private Jets, Private Schools and Private Equity Fund Managers Big Winners Under Republican Budget Scheme

Meanwhile No Help for Reducing Wisconsin Student Loan Debt

MADISON, Wis. — One Wisconsin Now Executive Director Scot Ross today agreed with Assembly Speaker that there are winners under the Republican written 2017 state budget – private jets, private schools and private equity fund managers. But Ross also noted that unfortunately, the vast majority of Wisconsinites, especially student loan borrowers, lose.

“Private jets, private schools and private equity fund managers win in this Republican budget,” commented Ross. “Meanwhile, student loan borrowers are still unable to get help lowering their interest rates, like you can with a mortgage.”

Among the special interests the Republican budget delivers for are:

Ross noted that the continuing plight of state student loan borrowers perfectly encapsulates the misplaced budget priorities of the Wisconsin GOP. Even with public opinion polling showing broad support for common sense reform, state Republicans are again opposing efforts to allow borrowers to refinance their student loans, just like you can with a mortgage.

He concluded, “It’s simple, if you’re wealthy or a special interest that helps underwrite the political ambitions of Republicans you win in this budget. If you’re not, you’re out of luck when Gov. Walker and Speaker Robin Vos and his gang in the Assembly team up to write a budget.”

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