[Congressional Record Volume 148, Number 105 (Monday, July 29, 2002)]
[Extensions of Remarks]
[Page E1428]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        EQUITY IN EDUCATION ACT

                                 ______
                                 

                          HON. JOE KNOLLENBERG

                              of michigan

                    in the house of representatives

                         Friday, July 26, 2002

  Mr. KNOLLENBERG. Mr. Speaker, today I urge my colleagues to support 
H.R. 2041, ``The Equity in Education Act of 2001.''
  The rising cost of higher education is one of the major concerns 
facing American families today. In recent years the cost of college has 
gone through the roof. Making college affordable is vital to our 
children, our country's future, and our ability to remain competitive 
in a global economy.
  I introduced the Equity in Education Act to help families save to 
send their children to college. It would allow individuals to use 
investments in securities to pay for higher education expenses without 
being penalized by the tax code.
  The Equity in Education Act would provide families with a viable way 
to secure a good education for their children. By supporting this bill, 
Congress has the opportunity to ensure that the cost of receiving a 
higher education does not go beyond the reach of many Americans.
  I encourage my colleagues to cosponsor H.R. 2041.

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