[Congressional Record (Bound Edition), Volume 158 (2012), Part 4]
[House]
[Page 5426]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1920
           HELP RECENT COLLEGE GRADUATES WHO CAN'T FIND JOBS

  (Mrs. MILLER of Michigan asked and was given permission to address 
the House for 1 minute and to revise and extend her remarks.)
  Mrs. MILLER of Michigan. Mr. Speaker, I rise today to express my 
support for the extension of the current student loan interest rates.
  Every young American who works hard and studies hard deserves a shot 
at the American Dream. Unfortunately, the economy, led by President 
Barack Obama, is denying them the opportunities that they need. 
Actually, according to an Associated Press analysis, over 53 percent of 
young college graduates aged 25 or under, which is 1.5 million young 
Americans, are unemployed or they hold low-wage jobs that don't require 
them to use the degrees that they just obtained.
  Our approach to help young people is about more than just the 
interest rate that they pay on their loans; it's about creating an 
economy that gives them a chance to apply the knowledge that they 
worked so hard to learn. That means not raising taxes or imposing new 
regulations on the very job creators that will offer opportunities to 
our young people. It means opening up energy reserves to lower prices 
at the pump because, guess what, Mr. Speaker, young people also are 
paying these high gas prices as well.
  Let's stop the rise in student loan interest rates, but at the same 
time let's get this economy moving so that America's young people can 
achieve their dreams.

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