On the recordSeptember 28, 2015
As we pass the Higher Education Extension Act of 2015, I would like to emphasize the importance of higher education in assisting our young people in building the knowledge and skills that will allow them to succeed in the workforce and, ultimately, help U.S. businesses and industry to compete in the global market. Michigan is home to many outstanding colleges and universities and I often speak with families throughout the 14th District and the state about the financial burden created by the increasing cost of higher education. Like many Americans, I firmly believe that making higher education more affordable and accessible should be among our foremost priorities. During a recent trip to my District, I spoke with a student who held a full-time job while in school because her family could not afford her tuition. Although work can be extremely rewarding and helps to build a strong work-ethic, students who are forced to work long hours and attend school full-time often suffer diminished academic success. Since 1986, the Federal Perkins Loan Program has been an essential part of college financial aid packages because it provides a long-term and low-interest alternative to expensive private loans for students. Extending the Perkins Loan Program will provide lower income students with the funding they need to attend college with their full focus on their education. Additionally, the cost of this extension is not borne by taxpayers.…





