On the recordJuly 24, 2014
Madam Chair, I rise today in strong support of the Empowering Students Through Enhanced Financial Counseling Act, and I yield myself such time as I may consume. Madam Chair, every family knows the cost of pursuing a higher education is out of control. It is felt intensely each and every day by countless Americans, by parents who worry how they will put their kids through college, by students who fear they will be left with a pile of debt and no job prospects, and by working men and women who hope a degree will let them reach the next rung on the economic ladder. We know that solutions to the college cost problem must ultimately come from States and institutions, but there are things Congress can do right now to keep the dream of a postsecondary education within reach. Helping students find the right institution is one way we can make a difference. Yesterday, the House passed, with strong bipartisan support, the Strengthening Transparency in Higher Education Act. The legislation will arm students with the best information available in a format that is easy to understand, information that includes key facts such as an institution's costs, completion rates, and student loan debt. Students and families currently face a tsunami of information that is the mostly confusing, conflicting, and unnecessary. The bill streamlines the information and how it is delivered, enabling students to be smart shoppers in the college marketplace.…





