View source for A Resolution on Occupational Licensing and Student Loan Defaults

{{Infobox ALEC Bills
|bill_title          = A Resolution on Occupational Licensing and Student Loan Defaults
|date_introduced     = November 5, 2019
|date_reviewed       = 
|date_finalized      = 
|date_amended        =	
|date_accessed       = 
|type                = Model Policy
|status              = Final
|task_forces         = Commerce, Insurance and Economic Development
|keywords            = 
|notes               =
}}

<h1>A Resolution on Occupational Licensing and Student Loan Defaults</h1>
<p>Whereas, upwards of 30 percent of Americans must have an occupational license to work in their profession; and</p>
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<p>Whereas, nearly one out of every four Americans under the age of 30 has student loan debt, and outstanding American student loans total around $1.4 trillion; and</p>
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<p>Whereas, in the 1980s and 1990s, many states enacted laws permitting licensing boards to strip workers of their licenses including occupational licenses, commercial driver’s license and other job-related licenses,  and therefore their jobs, if they fell behind on their student loan payments; and</p>
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<p>Whereas, this policy creates unemployment, makes it more difficult for defaulters to repay their debts, pushes individuals into poverty and hurts their families; and</p>
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<p>Whereas, the jobless are more likely to seek state-funded assistance, increasing the taxpayer burden; and</p>
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<p>Whereas, analyses show that this is an unreliable means of deterring student loan defaults; and</p>
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<p>Whereas, no less than ten states have repealed this power since 2018; </p>
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<p>Therefore, be it resolved that California, Florida, Massachusetts, Minnesota, Nebraska and South Dakota ought to follow suit and abolish this authority.</p>