[Congressional Record Volume 141, Number 141 (Tuesday, September 12, 1995)]
[House]
[Page H8729]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                SUPPORT STUDENT AID, SUPPORT OUR FUTURE

  (Mrs. KENNELLY asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. KENNELLY. Mr. Speaker, education of our young people of America 
is the best chance for a bright future for our great Nation. However, 
in these tough economic times many families cannot afford to send their 
children to postsecondary school. The rising cost of education and 
proposals to cut funding for students loans will only close the doors 
of colleges and universities to many fine young people indeed.
  The current proposal to eliminate the in-school interest subsidy for 
Stafford Loans is a dramatic turn in education policy. Last year alone 
over four million students benefited from in-school interest subsidies. 
This interest subsidy is essential to ensuring choice and access for 
higher education. The main goal of the Higher Education Act of 1965 was 
to reduce financial barriers to access and choice in postsecondary 
education. Subsidized loans have always had a role in achieving this 
goal.
  Money should not be the determining factor for who attends colleges 
and universities. Let's support student aid, let's support our future.


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