June 14, 2013

The Hill: Several House lawmakers new to Capitol Hill have a common problem: student loans.

Both Democrats and Republicans in their first terms in the lower chamber disclosed student loans as liabilities on their 2012 financial disclosure reports, which were released on Friday.

Freshman Rep. Jim Bridenstine (R-Okla.) disclosed a $100,000 loan from the Education Department for a Cornell University MBA. The debt was incurred in December 2011, according to his report for last year.

Rep. Mark Takano (D-Calif.) also listed a student loan valued at $15,000 as a liability for last year, which was first incurred in 2011