Political Quotes

On the recordJune 23, 1997
I think this is a mistake on the part of the Justice Department, and I am glad that Congress is appropriately stepping in to let universities do as they think best with the funds they have. We should note that this is twice today that we have legislated to say that antitrust rules should not be used in effect to interfere with charity. Universities that are trying to maximize the extent to which they can help people go to school who could not otherwise afford it deserve a lot of credit. Mr. Speaker, I admire the willingness of the universities to persevere. I want to particularly say the Massachusetts Institute of Technology it seems to me showed a good deal of courage in this whole incident by not simply bucking under when they were sued. All the universities here, we should understand, the ones involved are fighting on behalf of themselves and other universities for the right to try to address the economic problems of people who could not afford to go to these schools. This is an effort by them to maximize the extent to which they give scholarship aid to people who genuinely need it and for whom it would be a necessity in going to school. They deserve credit for that.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing the role of universities in providing financial aid and the impact of antitrust rules on charity.

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