[Congressional Record Volume 158, Number 20 (Tuesday, February 7, 2012)]
[House]
[Page H523]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MAKING HIGHER EDUCATION MORE AFFORDABLE
(Mr. FALEOMAVAEGA asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. FALEOMAVAEGA. Mr. Speaker, just recently President Obama offered
a plan to reduce the high costs of higher education by putting pressure
on colleges and universities to reduce tuition rates. Under the plan,
colleges would be rewarded based on their ability to offer relatively
lower tuition fees, provide value, and serve low-income students.
This plan also coincides with key proposals by President Obama to
make higher education more affordable, including a strategy President
Obama announced last fall to consolidate Federal student loans and
lower interest rates to help college graduates pay off their debt.
The American Dream is all about providing Americans the opportunity
to succeed if they work hard. Every American family should be able to
afford higher education. Every young person should have a chance. I
commend President Obama for his commitment to American families and for
making higher education an economic imperative.
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