Political Quotes

“I want to talk tonight a little bit about the importance of a college education and some of the laws that this Congress has passed to encourage better savings for education. Some of the concerns that we need to consider is the fact that individual students and their parents in the future probably are going to be have to be more responsible for coming up with a larger share of the funds for their kids' college education. Benjamin Franklin once said, ``An investment in knowledge always pays the best interest.'' As we move to a high-tech economy, that is certainly truer than ever. High school dropouts earn an average of $360 a week, while high school graduates earn $506. Two-year college graduates earn $598 a week, and 4-year college graduates earn on an average $796. Over a life of work, a college graduate can expect to earn $620,000 more than a community college graduate, $810,000 more than a high school graduate and a whopping $1,115,000 more than a high school dropout. In addition to dollars, education gives a person more options to do what they want to do in life. This is one of the reasons I tell young people who visit me to study hard. It is also why I started the LeGrand Smith Scholarship Fund for high school seniors from the 7th Congressional District of Michigan. Finally, it is why I have pushed for tax savings for parents and grandparents to save for their children's and grandchildren's education.”