Political Quotes

“Well, first of all, I want to thank the gentleman from California and the gentleman from Pennsylvania for their hard work in this subject matter area. Certainly we know that all credit debt combined is exceeded by the amount of debt that those who attend and receive a college education are currently bearing and the awful burden that that has created on the working members of the middle class and how difficult a burden it is, so I commend the gentlemen for their efforts here on the floor. First of all, it starts with our budget that we debated today in making sure that there are not cuts to Pell grants, but there are investments made in Pell grants. Frankly, as people talk about repatriation, that is, as both the gentlemen from Pennsylvania and California know, where money has been sent overseas, and there is a lot of talk about bringing money back and what will we do with that, what about a trust fund that will allow an opportunity for young people all across America to refinance and restructure their ability to pay off their college debt? It is not a novel idea. After all, isn't that what we did for Wall Street after 2008? Isn't that what we did to make sure that banks and financial institutions didn't fail? Shouldn't we do this for the human infrastructure, for all those hard-working families who have refinanced their home, who have gone into their personal savings, who are saddled with enormous amounts of debt?…”