On the recordJuly 23, 2014
Mr. Speaker, I certainly appreciate the gentleman from Massachusetts' passion on this issue. We have shown in this House, again and again, that we are willing and able and have taken steps to help students pay for their loans. More importantly, we did that in a bipartisan way. My colleagues may remember that last year, we all agreed it wasn't fair--it wasn't right--to double the rates students were already struggling to afford. We had a bipartisan solution to turn that interest rate determination over to the market, which much more accurately reflects the cost of that money, rather than politicians sitting around and making a decision. {time} 1700 We are taking action right now in the underlying bill to make it less costly for students to go to school to get their educations, to get their degrees, to get their certificates by advancing the competency- based education bill. We are open to discussing ways to help student borrowers manage the amount of debt they are taking on to finance their college degrees, but today, Mr. Speaker, is not the time, and this is not the place to have that discussion. This motion is, as is, frankly, always the case, a partisan move to score political points with a procedural vote. I urge my colleagues to support the underlying bill and vote ``no'' on the motion to recommit. I yield back the balance of my time. The SPEAKER pro tempore. Without objection, the previous question is ordered on the motion to recommit. There was no objection.…





