At this time, I would like to enter into the Record several documents. One is from the American Council on Education, representing 37 education associations. They say: Education has never been as important to America's economic health as it is now. That is why we are encouraged by the proposals we have seen. The administration and both parties have expressed their strong support for keeping the interest rate at 3.4 percent without cutting other forms of student aid. Another one is from Lewis University in Illinois, saying that: Doubling the interest in the subsidized Stafford loans will discourage students in need who are striving to continue their degree studies during these difficult economic times. Thank you for your support for these students. {time} 1130 Finally, from Joliet Junior College, saying that the college serves a population of seven counties in Illinois. In the 2010 2011 school year, JJC students were awarded over $23 million in total financial aid. Because of this, the institution supports H.R. 4628, legislation that would prevent the scheduled rate hike. With that, I reserve the balance of my time. April 27, 2012. Kelly Rohder, Director of Communications and External Relations, Joliet Junior College, Joliet, IL.…
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I really appreciate that. Thank you. You were great as chairman, great as ranking member, and I think education is where it all starts in this most important committee. Thank you.
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