[Congressional Record (Bound Edition), Volume 158 (2012), Part 6]
[House]
[Page 8635]
[From the U.S. Government Publishing Office, www.gpo.gov]




                STUDENTS BEAR THE BRUNT OF A BAD ECONOMY

  (Mr. HULTGREN asked and was given permission to address the House for 
1 minute.)
  Mr. HULTGREN. Mr. Speaker, it is a tough time to be a student in 
America.
  The President's health care bill, if not repealed, will make school 
health plans much more expensive. According to The Wall Street Journal, 
some plans that were $440 a year are going up to $1,300 or $1,600. Many 
schools will drop coverage altogether either because of cost or because 
of the President's birth control requirement. Students and young adults 
will then likely choose the cheapest option--going uninsured and paying 
a fine to the government.
  Then, in July, student loan interest rates are set to increase 
because of choices made by leading Democrats. Student loan debt now 
exceeds credit card debt in U.S. households, and the rate at which 
recent grads are underemployed or unemployed is 50 percent. No wonder 
students are moving back in with their parents and are more likely to 
take part-time jobs just to make ends meet.
  These failed policies and the bad economy have pushed young adults 
into survival mode.

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