Political Quotes

“I thank the gentleman. Yet again, here we are, we're talking about a situation where, since January, the President and congressional Democrats, since January of this year, have been urging Republicans to please act so that we don't see an increase in student loan interest from 3.4 percent, a doubling, to 6.8 percent. And here we are in April; and April is a time when many families, young people have received their notification that they've been accepted into college. They've received maybe notification of a scholarship opportunity. They also know that their families may have to dig into their savings, or they'll have to get a job; and then they begin to think too about applying for and receiving that student loan so that it puts together the full package of what's needed to go to college. Those are the decisions that here, in April, families all across this country are making. And they're making those decisions, not knowing whether this Congress is going to fail to act that would result in an increase and a doubling of student loan interests, that would cost students not just the $23,000 in debt that they're likely to graduate college holding on to and needing to repay, but an additional $11,000 over the course of that loan, over the history of that loan and the repayment. I think it's really shameful. I know that there are some in this country who didn't have to worry about how to pay for college.…”