[Congressional Record Volume 165, Number 82 (Thursday, May 16, 2019)]
[House]
[Pages H3912-H3913]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  ADDRESS SKYROCKETING COST OF COLLEGE

  (Mr. VAN DREW asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. VAN DREW. Madam Speaker, right now, we are in the season where 
folks are deciding where to go to college. A big factor in that 
decision is their financial aid package.
  The skyrocketing cost of college is saddling many with outrageous 
student loan debt. The crippling debt of student loans is reaching 
$1.56 trillion among 45 million borrowers. It is causing people to 
delay homeownership, raising a family, and moving comfortably into the 
middle class.
  I have introduced the Understanding the True Cost of College Act. It 
is to help students and families make informed decisions about 
financing their education and their future by requiring the 
standardization of communications and the definitions of financial aid 
terms.
  It is in the best interest of our country to start addressing this 
issue in a bipartisan way.

[[Page H3913]]

  

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