Nita Lowey: “I am hoping that--and I am sure that our chair, we will be, in fact, putting more money into the Pell Grant program.”

Congress has the unique opportunity to support the Administration in creating a new strategy that takes a long-term approach.

We must address this situation head-on.

I am delighted to yield 5 minutes to the gentlewoman from California (Ms. Waters), the chair of the Committee on Financial Services.

I am delighted to yield 1 minute to the distinguished gentlewoman from California (Ms. Pelosi), the Speaker of the House.