[Congressional Record Volume 161, Number 45 (Tuesday, March 17, 2015)]
[House]
[Page H1669]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      STUDENT LOAN INTEREST RATES

  (Ms. HAHN asked and was given permission to address the House for 1 
minute.)
  Ms. HAHN. Mr. Speaker, I rise today in support of policies that will 
help more students and families afford college.
  The cost of obtaining a college degree has increased more than 1,000 
percent over the last three decades, and many more students need 
Federal loans to cover the costs.
  After racking up a mountain of debt, graduates struggle to put money 
into savings, buy a house, or start a business, but many people are 
shocked to find out that the Federal Government is making billions of 
dollars in profits off these students by charging higher interest rates 
than necessary. This is not fair or right.
  We should be rewarding our students for pursuing an education, not 
taxing them for it. Students should get the same low interest rates 
that the Federal Reserve gives the big banks on Wall Street.
  I hope we can find bipartisan support in Congress for commonsense 
policies to make college more affordable.

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