Political Quotes

“Mr. Speaker, I rise today on behalf of 7 million students with subsidized student loans to urge my colleagues in Congress to come together to prevent student loan rates from doubling on July 1. The cost of a college degree has increased by more than 1,000 percent in the last 30 years. Two-thirds of college seniors who graduated in 2011 had an average student loan debt of $26,000 per borrower. As the July 1 deadline approaches, America's total student loan debt already tops $1.1 trillion. We're a nation that invests in our future, and that means investing in our kids. Mounting student debt is handicapping a generation of graduates who already face a tough job market. This debt is forcing them to put off key milestones like buying a home and starting a family. This delay in the American Dream will diminish our Nation's economic development. Congress has come to the aid of our banks and worked to promote industry. Now it's time to step up for our students by preserving college affordability and keeping the American Dream within reach. Let's stand together to keep Federal student loan rates down. I urge my colleagues to act now. ____________________”