[Congressional Record Volume 159, Number 94 (Thursday, June 27, 2013)]
[House]
[Page H4095]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STOPPING STUDENT LOAN INTEREST RATES FROM DOUBLING
(Mr. MESSER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. MESSER. Four days. In 4 days, interest rates on student loans
will double if nothing is done. A bill to stop that from happening
passed this House last month. But the President and the Senate refused
to do anything but posture. The truth is we don't disagree by much. The
House plan mirrors a plan put forward by the President. Both plans use
market rates. Both plans seek a long-term solution. But politics is
getting in the way. And that is wrong.
Our plan gets politicians out of the student loan business. And that
is good for students. America's students deserve affordable rates, not
schoolyard antics. Let's work together and stop the rate hike.
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