Political Quotes

Bill Delahunt: “And I look forward to the proposal that will reduce the interest on student loans, because I know so many families in my…”

On the recordJanuary 10, 2007
And I look forward to the proposal that will reduce the interest on student loans, because I know so many families in my district back in the South Shore of Boston and Cape Cod and the islands, where the families and specifically the students themselves take a loan and find themselves graduating from college with a debt, on the average, of approximately $20,000. We know that over time they are catching up for a significant number of years, preventing them from putting that bonus that they receive at the end of the year for a down payment on a home to ensure their future or maybe just putting it into an IRA.
Said by
Bill Delahunt
Massachusetts
Source
govinfo.gov

Editor's note · Context

Discussing the impact of student loan debt on families and students in his district.

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