Political Quotes

“Mr. Speaker, this is a final amendment to the bill and will not kill it or send it back to committee. I oppose H.R. 1911. While it's bad enough that student loan interest rates are set to double on July 1, this bill actually makes interest loan rates even worse for our students. By allowing interest rates to rise dramatically on their loans, this bill steals from students and forces them to pay for Congress' debt. That's absolutely unacceptable. The higher interest rates in this bill will force graduates, who are just beginning to plan their lives, to pay an estimated added $1,200 each year to the government over 5 years. That's in addition to what they're already expecting to pay. And not only that, the interest rate is not guaranteed, so they can't even plan for this bad news. When you buy a car, you know what your interest rate will be for the life of the loan. Future graduates who are starting a family, looking for work, and hoping to contribute to our communities should at least have the same reassurance about their investment in their hard work as they would have when buying a car. It is Congress' duty to stop student loan interest rates from increasing by July 1, and it is outrageous that we would force students to pay for the debt that Congress has created. Hardworking students shouldn't have to pay for Congress' mistakes. Two weeks ago I shared the story of one of my students at Arizona State University, Ariel Carlos.…”