On the recordJune 25, 2013
That's very interesting. Mr. Takano, you're absolutely correct about the role of immigration and the comprehensive reform. There are some pieces that we often talk about: the DREAMers, the young men and women that came here as children, brought here. They don't have their papers, but they also do not have the opportunity to really get the kind of education. So we have the DREAMers. But here's what I think Mr. Holt was talking about that's really important, and this is part of what you were saying, Mr. Takano, about immigration reform--access to all the benefits of the economy and what it means. If you happen to be a person that has less than a high school education, which is where you started your discussion on the immigration act, you're taking a look at perhaps as high as 14 percent unemployment and the average median--or excuse me, not average, but the median weekly earnings, less than $500 a week, $451 a week. If you get a high school degree, you may get $638, the median weekly income, but you're still looking at 9.4 percent unemployment. Here's where the issue of education comes in at the post-high school education and here's where the Stafford loan issue comes in. If you're able to go to college and get that bachelor's degree, your income is going to be more than double if you don't finish high school and nearly double what you would have if you were able to finish high school.…
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