On the recordFebruary 14, 2012
Mr. Altmire, if you could wait just a moment. Now you've got me engaged in this, and you talked about your community college. We are going to be going to our community college in Fairfield, the Solano Community College, and we're going to take the work that was done by this Congress in 2010 when it brought the Pell Grants down into the community colleges. Previously, the Pell Grants were only available at the 4-year college level, but now the community college students can also vie for the Pell Grants and the loan programs that had been significantly improved back in 2010, before we lost the majority here. We took back from the big Wall Street banks the student loan programs, reducing the interest rates, reducing the hassle for students, and making loans far cheaper and more available. Just this year, the President took one additional step under his authority and stretched out the payment mechanisms so that no graduated student who had taken out a loan needs to pay more than 10 percent of their annual income to repay that loan. All of this is part of investing in the human capital, investing in the workers. I suspect the three of us could go on for a long time about education.





