Political Quotes

On the recordJune 20, 2012
Access to affordable higher education is one of the reasons that our country is so great. As someone who lives in the gateway to America, I have seen firsthand the transformational power of education. However, access to higher education is now being threatened. In less than 2 weeks, the interest rate for student loans is scheduled to double from 3.4 to 6.8 percent. This will make it extremely burdensome for students and families with limited financial resources to attend college. Just in the past 10 years, college tuition has increased by 28 percent. Middle class families are struggling to send their sons and daughters to school. For many Americans, a college education is essential to future success. Over a lifetime, it is estimated that a college graduate makes an average of $2.27 million. In contrast, those with only a high school diploma are estimated to make $1.3 million. The clock is ticking and we must act now. Congress should not block access to affordable education. Let us work together to keep student loan interest rates low. ____________________
Said by
Albio Sires
Democratic · New Jersey

Share & report

More from Albio Sires

Jul 27, 2011

We have less than 1 week to prevent our Nation from defaulting on its loans. Rather than focusing on a compromise, the majority has come up with yet another irresponsible plan to raise the debt ceiling and slash funding from programs that…

govinfo.gov
Jan 20, 2011

Yesterday was an unfortunate day in this Chamber. The majority party voted to bring our Nation back to a system where insurance companies' needs are placed before those of middle class Americans. The truth is that millions of Americans are…

govinfo.gov
Sep 20, 2012

Last month I joined 78 bipartisan Members of Congress in asking Secretary of State Clinton to ensure that Iraq meets its obligations and protects the 3,400 Iranian dissidents living in Camp Ashraf and Camp Liberty. Residents of Camp…

govinfo.gov
Dec 1, 2011

With our economy struggling and unemployment remaining unacceptably high, now is not the time to take more money out of the pockets of hardworking Americans. The majority is opposing an extension of the payroll tax holiday, enacted earlier…

govinfo.gov

Other voices in this conversation