[Congressional Record Volume 156, Number 48 (Thursday, March 25, 2010)]
[House]
[Page H2323]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MAKING COLLEGE MORE AFFORDABLE
(Mrs. CAPPS asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Mrs. CAPPS. Mr. Speaker, on Sunday, the House passed groundbreaking
legislation to make college more affordable.
Students in my district and across the Nation are struggling to keep
up with devastating State budget cuts and ever rising tuition. This
week I met with college students from UC Santa Barbara and Oxnard
Community College on the Capitol steps, and I was proud to tell them
that, during these tough economic times, I voted for the single largest
investment ever in higher education.
Our bill will save taxpayers over $60 billion from wasteful bank
subsidies, and we're making education a priority, investing most of
these savings directly into Pell Grants. The bill will mean nearly $48
million for Pell Grants for these and other students over the next 10
years.
Now, more than ever, we need to invest in education to get our
economy back on track, and with this bill we did just that. Today we
can finish the job for our college students.
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