On the recordJune 10, 2014
tomorrow the Senate has a historic and magnificent opportunity to increase everybody's fair shot at the American dream--everyone's fair shot at a college education that enables and opens the American dream to people who come from families where college was an unachievable aspiration. I know about those families because I come from one of them. I am the first man in my family to have a college education, not to mention the opportunity to go to law school. There are a couple of hard, practical facts, apart from all the rhetoric about the American dream. The fact is today college education is a major--maybe the most important determinant--of income. It is one of the major determinants of employment. The employment rate for college graduates is much higher than for those who lack it. In fact, the unemployment rates for college graduates are half or less than what they are for those who lack that education. College education--in fact, education in general--is the single most important instrument of social mobility in this country. It is a way for people to reach the middle class or for families to stay in the middle class. Right now, the middle class is squeezed in every direction by so many different economic factors and pressures, and the cost of a college education is one of the most pressing of them.…





