[Congressional Record Volume 141, Number 141 (Tuesday, September 12, 1995)]
[House]
[Page H8730]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                   WE MUST INVEST IN OUR YOUNG PEOPLE

  (Mr. UNDERWOOD asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. UNDERWOOD. Mr. Speaker, while the cost of a college education is 
rapidly increasing, some Members on the other side of the aisle would 
like to cut student loan funding. The majority's plans would 
significantly raise the cost of student loans by changing the way loan 
interest is calculated, capping Pell Grants, and eliminating the Direct 
Student Loan Program.
  Mr. Speaker, many American families will find that they have been 
priced out of a college education by these changes and many students 
will find that the assistance they were depending on is simply not 
going to be there.
  The new leadership once championed giving every student a PC. I will 
do one better. How about giving every student an opportunity for a 
college degree so that they can use that PC, rather than just play 
solitaire? We invest in roads, bridges, and infrastructure. We must 
also invest in our young people.

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