Mike Enzi: “I am so pleased at what just happened here. We have an important part of higher education in a reconciliation bill. In…”

“I am so pleased at what just happened here. We have an important part of higher education in a reconciliation bill. In every speech I have made since we started this yesterday, although it seems like weeks ago, there was a second part that is actually a bigger part. There is a whole puzzle, and we are taking care of the little red triangle there in the reconciliation bill, but there is a lot more to higher education that we need to do. We came close to getting some done a year ago, but we didn't quite get there. The system kind of failed for the students. Now we have the chance, and we are going to do it on Monday. We are going to take care of that bigger part, the yellow part there, which is the reauthorization. We have talked about this financial aid form simplification--and even showed the multiple pages that are currently required--bringing that down to one page. That is in there. We have talked about the need for better loan disclosure for financial institutions, the need to do a better job of following the rules, and we even interjected some new rules. That is in this part. There are year-round Pell grants so students do not have to interrupt their study when they want to get ready to be in the workforce. There is support for nontraditional students that we have not had before for graduate and international education. We have financial literacy and better borrower information in this part we will be debating Monday.”