[Congressional Record Volume 158, Number 71 (Thursday, May 17, 2012)]
[House]
[Pages H2824-H2825]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INVESTING IN EDUCATION
(Mr. BACA asked and was given permission to address the House for 1
minute.)
[[Page H2825]]
Mr. BACA. Madam Speaker, investing in education is an investment in
our Nation's future. In these tough times, we should make every effort
to increase access to higher education for all Americans.
Unfortunately, if Congress does not act soon, interest rates on
student loans will double for over 7 million students. If these rate
hikes go into effect, it will be cheaper to buy a home than to buy a
college education.
Sadly, the GOP seems to want higher education reserved only for the
wealthiest Americans. Instead of working to help more Americans achieve
a college education, Republicans are playing games with the health of
women and children. Once again, Republicans are showing their
priorities are out of touch with hardworking Americans.
We need to act now to keep student loan interest rates low so all
Americans have an opportunity to obtain an education.
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