[Congressional Record Volume 141, Number 57 (Tuesday, March 28, 1995)]
[House]
[Page H3819]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                      OPPOSING CUTS IN STUDENT AID

  (Mrs. SCHROEDER asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. SCHROEDER. Mr. Speaker, the best investment the Federal taxpayer 
makes is in getting young people an education. So I think student loans 
make all the sense in the world, and we ought to be sure that every 
young person who has the will, the desire, and the ability to go to 
school also has the economic wherewithal.
  Now, why do I say that is the best investment? Because we all know 
someone with a higher education makes a whole lot more money, so they 
are going to be paying higher taxes. You do not need new math, and you 
do not have to be a rocket scientist to figure that one out.
  And yet, so what are these guys going to do to save this crown jewel 
of the contract, the tax cut for the rich? Well, they are going to cut 
student loans. That is really penny-wise and pound-foolish, and it is 
absolutely unfair to the next generation of our young people.
  If anyone thinks that we can do well in the 21st century with our 
young people having less education, go ahead, go for the cuts, but I 
will not.

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