Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, the other bill to be considered under this rule is H.R. 4984, the Empowering Students Through Enhanced Financial Counseling Act, which will promote financial literacy through enhanced counseling for all recipients of Federal financial aid. Making the decision to pursue postsecondary education can be challenging, and many students and families find themselves overwhelmed by the choices and new terminology. It is in the best interest of students and taxpayers alike that information about Federal aid be presented in a way that is easily understood. Additionally, for most students, Federal financial aid provides them with more money than they are used to handling, and they struggle with how to manage properly their debt loads and living expenses. Students want to be treated as independent adults and therefore assume the responsibility that comes with their choices. As they make the transition to college, or back to the classroom for adult learners, this bill seeks to help students make smart decisions about financing their education so they fully understand the circumstances they may face at the completion of their education.…”