Political Quotes

“Madam Chair, I rise in support of the manager's amendment. This amendment is brought forth in close cooperation with the ranking member of the committee, my friend George Miller. This amendment will improve the information provided to first-time student loan borrowers and clarify that borrowers must accept their loans annually after they have completed their counseling. The amendment will also require the Director of the Institute of Education Sciences to collect a study of the impact and effectiveness of the student loan counseling required under this act. This amendment ensures borrowers are getting the information they need prior to making their final decisions on how to pay for their college education. It also ensures policymakers have information on how well financial aid counseling is working to prevent overborrowing and what can be improved to make it even more effective. The underlying bill, which received unanimous support coming out of the committee, will deliver students and parents the tools and information they need to borrow and repay their student loans in a responsible way. This amendment improves the bill. I urge my colleagues to support this amendment, and I reserve the balance of my time.”