On the recordMarch 25, 2015
We can't forget students who financed their education at higher interest rates, when inflation was higher, who years after their graduation still suffer under the yoke of debt. That is the reason why Representative Courtney brought forth his bill. And when I hear from constituents, that is one of the top things that I hear. I hear from people who might have graduated 3 years ago, 5 years ago, even 20 years ago, but their debt load is impacting their ability to live their lives; their ability to buy a home, which they can't do because of it; their ability to have a family simply because of the way or the manner that they financed it or the time they financed it. So I think it is absolutely appropriate for us to find a way to make sure that people are rewarded for their educational achievement and not penalized. {time} 1945 The greatest asset our country has is our intellectual capital. It is the ideas and knowledge of our people. That is our greatest asset. Yet in this day and age the fact that we are penalizing people for bettering themselves and for acquiring knowledge that is needed for our economy to succeed is absolutely ridiculous, and that is exactly what we need to do. I invite the gentleman from California to talk about how some of these issues were highlighted in the recent budget debates we had because when a lot of people hear, oh, the Democrats and Republicans are fighting about the budget, it seems very esoteric. They say: What is this budget?…





