Political Quotes

“when my colleagues and I went to college, things were a lot different. Our colleagues took out loans, but those loans were manageable, and there were jobs waiting after graduation. Today, too often, that is simply not the case. In fact, the majority of students today will leave school weighed down with an average of more than $31,000 in debt. Investment in higher education is an economic imperative. Education is the great equalizer. It enables upward economic mobility and breaks down class structures. A highly skilled and educated workforce is the basis for any healthy economy. It is the foundation of our country's future. In nearly every financial decision Americans make, individuals and families try to evaluate the economic value of that decision. Like prospective homebuyers who inspect and assess the potential value of their future home, students should be able to compare colleges and programs based on what the likely return on their investment will be. Our capital markets work best when there is transparency so we can accurately measure the value of what we choose to invest in. We saw what happens when this is not the case with the burst of the housing bubble. Parts of our economy have yet to recover from the mortgage crisis. Misinformed consumers bought a product based on misleading information and, often times, fell victim to bad loans offered by predatory lenders. Consumers must know what they can expect from their investments.…”