James M. Jeffords: “I think all you need to do is take a look at the conference report as it sits on the desk to understand the amount of…”

“I think all you need to do is take a look at the conference report as it sits on the desk to understand the amount of work that has gone into this bill. This is an extremely important bill, and I am extremely pleased that the Senate is on the verge of sending to the President the Higher Education Amendments of 1998. Today marks the culmination of 18 months of hard work that, for me, began with the Labor Committee's hearing in Burlington, Vermont last February. The Higher Education Act is among the most significant statutes under the jurisdiction of the Committee on Labor and Human Resources. Since its inception in 1965, the Act has been focused on enhancing the opportunities of students to pursue postsecondary education. The grant, loan, and work study assistance made available by this Act has made the difference for countless millions in pursuing their dreams for a better life. The legislation we are considering today builds on the proud legacy of this Act. In the face of rising college costs, Congress will provide students with the lowest cost loans in nearly two decades. With increasing concern about the quality of our nation's teachers, this bill will take giant steps in improving teacher preparation. And with students, parents, and--frankly--Senators concerned about the delivery of student aid, this bill completely overhauls the federal role by placing it in the hands of a professional and accountable agency within the Department of Education.”