Mr. Speaker, I offer a motion to instruct. Mr. Speaker, I yield myself as much time as I may consume. Mr. Speaker, the motion I am offering today asks conferees to provide the highest possible funding level for the Pell grant program. It…
Mr. Speaker, I offer a motion to instruct.
Mr. Speaker, I yield myself as much time as I may consume.
Mr. Speaker, the motion I am offering today asks conferees to provide the highest possible funding level for the Pell grant program. It is important to remember that the vast majority, 84 percent of the 5 million Pell grant recipients have incomes less than $30,000. Unfortunately, since President Bush took office, this program and its recipients have suffered.
During President Clinton's term the Pell grant maximum rose from $2,300 to $3,750. In contrast during President Bush's current term the Pell grant has only risen $350 in the past 2 years. All this comes at a time when the cost of college is rising significantly.
In the House and Senate fiscal year 2004 appropriations bill, these troubling trends have continued. These bills freeze the maximum Pell grant at $4,050, the first such freeze in a decade.
As a result, the maximum Pell grant would finance only 36 percent of the average individual's college cost in the 2004 academic year under the Republican bill. This is compared to 84 percent when the program was first established.
To make matters worse, the House and Senate bill were actually under the administration's admittedly paltry request, under the administration's request. This chronic underfunding, coupled with the sour economy, has led to a growing deficit in the Pell grant program. If we continue to underfund this program, this deficit is likely to grow into the billions of dollars.
Pell grant funding is crucial for those seeking to attend college. Almost two-thirds of all students must borrow to finance their college education. The average student loan debt has nearly doubled over the past decade to $17,000. Pell grant recipients are four times more likely to borrow student loans. Families of low-income, college- qualified, high school graduates face an annual unmet need of $3,800. College expenses not covered by Pell grants, work study, or student loans, $3,800.
A college education is critical to an individual's future success. Individuals holding a bachelor's degree earn an average of 80 percent more than someone with just a high school diploma. Over a lifetime, this earnings' gap for an individual with just a high school degree widens to well over $1 million. These statistics are startling and make access to college education even more important today. An investment in Pell grants is truly an investment when you see the size of that gap.
The recipients of those Pell grants will return far more to the Treasury than what we received in the Pell grants. That is not just guessing; that is going back in history to the GI Bill of Rights. No one on my side of the city of Flint, Michigan, went to college until the GI Bill of Rights came along. They went to college and they returned far more to the Treasury than what they received from the government. This is truly an investment.
Unfortunately, the Republican record on this issue is poor at best. In fiscal year 1996 House Republicans cut President Clinton's request for a $2,620 maximum Pell grant by $180. Over the past 2 years, the Pell grant has only increased $50. Both the House and Senate bills have frozen the maximum Pell grant. And now the Pell grant program is running a deficit. This deficit is very likely to increase given our current budget and economic conditions.
Mr. Speaker, this House needs to take a stand today. We need to emphatically say that we are going to reverse the trend of recent years and actually invest in the Pell grant program. Without such an investment, our students, especially the most needy, are going to continue to have the doors of college education shut in their faces.
Mr. Speaker, I urge members to support this motion to instruct.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, the motion that was read, that is for overall student aid. We maintain the House level, which is higher than the level of the other body. But we also ask that for the Pell grants we reach the highest grant level possible.
Mr. Speaker, I yield such time as he may consume to the ranking member of the committee, the gentleman from California (Mr. George Miller).
Mr. Speaker, I yield such time as he may consume to the gentleman from Wisconsin (Mr. Kind).
Mr. Speaker, I yield 3 minutes to the gentleman from Pennsylvania (Mr. Fattah).
Mr. Speaker, I yield myself such time as I may consume, before I recognize the gentlewoman from New York, to say that we, obviously, are concerned and worried that whenever a conference committee meets that the House may come back with something less than what was in the House version of the bill. That is why this motion calls upon the conferees to provide no less than the House level for overall student financial aid and the highest amount of funding for the Pell Grant program. Because strange things have happened in conference before.
Mr. Speaker, I yield 5 minutes to the gentlewoman from New York (Mrs. Lowey).
Mr. Speaker, I yield 4 minutes to the gentleman from New Jersey (Mr. Holt).
Mr. Speaker, I yield myself the balance of my time.
Parliamentary procedures did not enable us to ask for a higher amount, or we would have asked for a higher amount.
The motion calls upon the conferees to provide no less than the House level for overall student financial assistance and the highest amount of funding for the Pell grant program.
Without adequate resources in this program, low- and moderate-income students will not be able to gain a post-secondary education. College costs are soaring, we know that. So much so that Democratic Members introduced legislation today to help hold down college tuition increases. But without additional Pell grant funding, our neediest students are going to continue to be left behind.
This Congress is able to pass massive tax cuts, which I voted against, for the wealthiest in our Nation; yet the maximum Pell grant has barely been increased since President Bush entered office. The Pell grant program is running a deficit. This deficit is likely to increase based on the likely outcome of this conference, and that is our concern.
The President's record on Pell is clear. Pell grant funding has not been a priority since President Bush took office. Increases in this account have largely been due to Democratic efforts
to raise funding. In order to ensure a well-educated workforce, we need to provide opportunities for all individuals to gain a college education. Low- and moderate-income individuals need Pell grants to attend college. It is that simple. Unless we make Pell grant funding a priority, we are not providing everyone, regardless of their economic means, with a college opportunity. I urge Members to support this motion.
Mr. Speaker, I yield back the balance of my time.
Mr. Speaker, on that I demand the yeas and nays.