WASHINGTON, Sept. 20 -- Sen. Alex Padilla, D-California, issued the following news release: Senators Alex Padilla (D-Calif.) and Chris Van Hollen (D-Md.), along with U.S. Representative Alma Adams (D-N.C.-12), introduced the Parent PLUS Parity Act, bicameral legislation to ease the burden of student loan debt for parent borrowers who helped their children pay for higher education. Nationwide, approximately 3.9 million borrowers have outstanding Parent PLUS loan balances totaling $112 billion.   more