04192018CM0592VILLA PARK – A new Illinois law championed by State Senator Tom Cullerton (D-Villa Park) will prevent state licensing boards from suspending or revoking individual licenses and certificates if a consumer defaults on their student loans.

“It is counterproductive and counterintuitive to take away someone’s capability to work because they are unable to pay bills,” Cullerton said. “Obviously, if you cannot work you will not be able to pay your loans and will collect more debt. That cycle doesn’t benefit anybody.”

Student loans are the largest source of consumer debt in the United States, surpassing mortgages and credit cards debt.

Senate Bill 2439 puts provisions in place to prevent individuals with student loan default from having licenses denied, revoked or suspended in 37 professions such as occupational therapists, barbers, teachers, structural engineers, home inspectors and real estate agents.

Student loan debt is the only type of debt in the U.S. that is not eligible for bankruptcy protections except in severe instances.

“We need to look for ways to make college more affordable to ensure our children are graduating college with mountains of opportunities, not debt.” Cullerton said.

Senate Bill 2439 passed with bipartisan support and is now in effect.

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CONTACT SENATOR CULLERTON

Welcome to the official website of Senator Tom Cullerton. Please fill out our contact form to contact Senator Cullerton directly or you may call either of our offices. We look forward to hearing from you.

District Office
338 S. Ardmore Ave.
Villa Park, IL 60181
P: (630) 903-6662
F: (630) 903-6643

Springfield Office
122 Capitol Building
Springfield, IL 62706
P: (217) 782-9463