Political Quotes

“I rise to support reauthorizing the Perkins Loan Program, which will expire tomorrow, September 30, if the Senate does not act. Yesterday, the House of Representatives passed legislation to extend this vital program for 1 year. I urge my Senate colleagues to support this bill and send it immediately to the President for his signature. I want to recognize and thank my colleagues, Senator Baldwin, Senator Casey, and the Presiding Officer, Senator Portman, for their leadership in highlighting the importance of this program. I am pleased to join with them in submitting a Senate resolution urging its extension. Since 1958, the Perkins Loan Program has helped make college affordable for millions of students who have financial need. In the State of Maine, more than 5,000 students received a Perkins loan last year, providing $9.2 million in aid. Last Friday, I had a conversation with the president of the University of Maine, who told me just how critical Perkins loans are to UMaine students. Perkins loans are a critical part of a college's and a student's financial aid resources. These loans help to fill gaps beyond what is available through the Department of Education's Direct Loan Program and a family's ability to pay. A Perkins loan can meet that additional need so that students do not have to resort to borrowing through private or higher cost loans, and, most of all, so they can remain in school. Perkins borrowers are predominantly from lower income families.…”