On the recordFebruary 15, 2012
Madam Speaker, I rise to speak about our college tuition crisis. It's a topic of conversation that comes up around kitchen tables all across America. Parents are seeing college tuition creep up year after year, while their income has declined or stagnated and their savings have been squeezed. Parents are worried that their children won't get a shot at the American Dream because they simply cannot afford the cost of higher education. The President's budget proposal makes it clear that even in these tough budgetary times we cannot shirk our responsibilities to strengthen investments in education. I share his commitment to increasing college affordability and quality. Freezing interest rates on subsidized student loans is something we can do something about right now to help millions of students across the country. Failure to act means that 7 million students could see their interest rates double to 6.8 percent. I urge my colleagues to work with the President to make sure that this issue gets the time and attention that it deserves. ____________________





