We were able to cut interest rates on the subsidized loans significantly, in half in some instances.
John Tierney: “We were able to cut interest rates on the subsidized loans significantly, in half in some instances.”
Editor's note · Context
Tierney discusses the reduction of interest rates on subsidized loans.
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At this point, I would like to yield 1 minute to the gentleman from Connecticut, Joe Courtney, who has been a strong member of the committee and an advocate of workforce investment for some time.
At this point in time, I yield such time as he may consume to the gentleman from Illinois (Mr. Danny K. Davis) to engage in a colloquy.
I appreciate that from my colleague. The reason this mother supports the bill is that she knows it is going to help her daughter pay her loans in a reasonable way, while pursuing other goals this life. This is really, Mr. Speaker, about…
I just haven't heard any evidence that indicates to me that there is any reason to believe that this board won't be fair-minded.





