Political Quotes

“Chairman Goodling, and Mr. Clay, Chairman McKeon and Mr. Kildee and the rest of my former colleagues on the committee are to be congratulated for your good work on this legislation. In the larger scheme of things, H.R. 6 is good for the country and good for our future. Making higher education more accessible to students will make America stronger and more competitive in the global marketplace. This legislation will increase the maximum Pell grant, provide more funding for work study, increase resources for teacher training and rework the needs formula for student aid to target more money to those students with fewer resources to pay. It also reduces student loan interest to the lowest level in almost 20 years. All these things will increase access to higher education. I am also pleased that the conference report includes several reforms in student loan management that I have been working on for years, many of which were in my bill, H.R. 2140, the Federal Accountability and Institutional Reform in Education Act (FAIR ED Act). These common-sense reforms to the student loan program will reduce defaults, bring greater fairness and accessibility to the student loan program, save the Federal Government millions of dollars a year and allow schools to spend more time teaching and less time on education finance.”