On the recordSeptember 29, 2015
I think a lot of people here talk about what they think everyone should be focused on, but what I think we should be focused on is that this month students across the country are making their way back to college campuses. When more Americans pursue their degrees beyond high school, it is actually good for our country. It strengthens the middle class. It strengthens the workforce that needs to compete in the 21st century global economy. So here in Congress what I believe we should be working on are ways to help more students earn a degree and gain a foothold into the middle class. Unfortunately, instead of keeping students' options open to help them succeed, we are facing another deadline and another artificial crisis. If we do not act in the Senate, the Perkins Loan Program will expire after tomorrow. That means that more than 100,000 students will no longer be eligible for this assistance over the next year. That is going to leave a lot of students in this country in the lurch. Without Perkins loans, students might have to take out private loans that have higher interest rates and fewer repayment options. So students would end up with a heavier burden of student debt or they might decide not to enroll in the first place. That is the exact opposite outcome we need for the future of this economy. In my home State of Washington, more than 15,000 students received Perkins loans last year. That includes about 4,700 students from the University of Washington.…





