Political Quotes

“I support the bill cosponsored by Representative Bill Delahunt and Ranking Member Lamar Smith. H.R. 1777, the ``Need-Based Educational Aid Act of 2007,'' removes the current sunset attached to an exemption in the antitrust laws that permits schools to agree to award financial aid on a need-blind basis and to use common principles of needs analysis in making their determinations. The exemption also allows for agreement on the use of a common aid application form and for the exchange of student financial information through a third party. In 1992, Congress passed a similar temporary exemption, which was first extended in 1994, then again extended in 1997, and once again extended in 2001. The exemption passed in 2001 expires later this year. During the years of its operation, we have been able to witness and evaluate the exemption, and we have found that it seems to be working. The need-based financial aid system makes financial aid available to the broadest number of students solely on the basis of demonstrated need.”