Rubén Hinojosa: “I hereby submit the attached letters of opposition to H.R. 4628. House GOP Student Interest Rate Bill Offers Young…”

“I hereby submit the attached letters of opposition to H.R. 4628. House GOP Student Interest Rate Bill Offers Young Adults a Choice: Your Health or an Affordable Education? Yesterday, House Republicans announced support for preventing interest rate hikes on subsidized Stafford Loans from doubling on July 1st, joining the Administration and House and Senate Democrats who have already stated a commitment to keeping rates down. On Friday, the House Republicans will call for a vote on their bill introduced yesterday to extend the lower interest rates. However, the bill pays for this extension by eliminating a multi-billion dollar health care prevention fund for life-saving cancer screenings and child immunizations. These cuts would have a negative impact on the health of children, young adults, and families. ``Keeping interest rates from doubling is a priority, and we are thrilled to see policymakers from both sides of the aisle support college affordability and take steps to keep student debt from increasing even further,'' said Jennifer Mishory, deputy director of Young Invincibles.…”