Student Aid And Fiscal Responsibility Act Of 2009
I thank the gentleman for yielding. I thank him for offering this amendment. Madam Chair, we would strongly support this amendment. As he is well aware of--and as, I think, most of the Nation is--the young men and women who have joined the…
I thank the gentleman for yielding. I thank him for offering this amendment.
Madam Chair, we would strongly support this amendment. As he is well aware of--and as, I think, most of the Nation is--the young men and women who have joined the Armed Forces over the last 8 or 9 years left this country to serve in Iraq and Afghanistan and elsewhere in the trouble spots of the world. Many of them left as high school graduates, some of them not high school graduates. They even left an economy that is very different today than it was when they left their homes to serve this Nation. Clearly, we want to make sure that they have the opportunities to integrate back into the economy after leaving the service on terms that are helpful to them, to their families and to their local communities.
So thank you very much for offering this amendment.
Will the gentleman yield?
I thank the gentleman for offering this amendment. It's a good amendment and it's important.
These agencies have a track record in helping students and in helping the taxpayers with default diversion activities; but also, we look forward to their having an expanded role in financial literacy and in helping students as they contemplate going to college and, while they're in college, helping them manage their debt and helping them make decisions about whether they need all of that debt or not and also as they leave, because this Congress, on a bipartisan basis, has passed a number of loan forgiveness programs and the income determinant repayment program.
So the students really can start to see how they can manage the debt and make career choices at the same time. Unfortunately, many students don't realize it until they graduate; they really would have liked to have done something else, but they didn't think they could have that career and manage their debt. So these agencies are going to take on an even more important role for young people as they start and progress through college.
I want to thank the gentleman for yielding and thank the gentleman from Ohio. This is obviously a very important component of this legislation.
His amendment substantially improves it, because the whole Nation is aware of the needs of dislocated workers, and certainly in the Midwest,
where workers are leaving one generation of technology and seeking jobs in communities or seeking the next generation of manufacturing and technology. This is very important that they be included in these State plans.
Will the gentleman yield?
I realize that the BRAC process has a multitude of consequences for local communities, both those facing base closures and those dealing with base expansions. As we move forward, we can take a look at how we might assist these communities under existing avenues as well as in conference on this legislation.
Mr. Chairman, I ask unanimous consent to speak out of turn for 2 minutes.
Mr. Chairman, it is now time, as the Chair has noted, to move to amendment No. 22 by Mr. Souder. My understanding is that Mr. Souder will not be offering that amendment and that he and the gentleman from Colorado (Mr. Perlmutter) have had discussions around this amendment, and they have agreed that we should work this out in the conference committee. I have agreed to their discussions, and they are pursuing those at this time.
I would be happy to yield to the gentleman from Colorado.
I thank the gentleman.
With that, I yield back the balance of my time.
Amendment No. 23 Offered by Mr. Flake
I thank the gentleman.
Mr. Chairman, my colleague on the other side of the aisle said that this legislation is the wrong way and the wrong place to make this investment. He has got it exactly backwards. This is the exact way to make this investment--to take the savings by cutting the subsidies to the lenders and recycling those on behalf of families, students and our community institutions so that we can expand the educational opportunities in this country.
We cannot continue just to wring our hands about our competitive place in the world, about the need for new engineers, new scientists, new mathematicians, a skilled and technologically fit workforce in this country. We must do something about it.
What the Obama administration has said under the leadership of the President and the Secretary of Education is that we're going to do something about it now, and we're going to provide additional money for Pell Grants, that we're going to provide additional money for community colleges, that we're going to provide additional money for early childhood education, and that we're going to provide additional opportunities for access and completion of that educational opportunity. It's not enough that young people start college. It's important that they finish college.
We've got to do better at that, and we're going to do it in a fiscally sound manner. We're going to pay for it, because there is enough money in those exorbitant subsidies that we pay decade after decade that were first raised to the consciousness of this Congress by President Bush's Office of Management and Budget. They kept showing us the comparison. If you ran the Direct Loan Program, you would save a huge amount of money for the taxpayers.
Finally, this Congress, under this administration, is taking the leadership to take that money and to recycle it on behalf of our families and students.
I just want to say, this is the right time, the right place, and the right way to do this. I thank him for his support in opposition to this amendment.
Mr. Speaker, I rise in opposition to the motion, although I will not oppose the motion.
Mr. Speaker, Members of the House, I want to begin by thanking so many Members of the House that have supported this bill today on this floor. The bipartisan support we had for so many of the amendments, the debate and the dialogue that we had, thank you so very much.
When the President talked about the future of the American economy, he made it very clear that if we were going to be competitive in the rest of the world, if we were going to emerge in that top competitive position in the next generation of the globalized economy, where so many more countries are now able to educate young people, provide world-class organizations, universities, research facilities, that we had to change our education system, that we had to make a major investment, that we no longer could just think about how much money we put into education. We had to start thinking about the outcomes and whether we were getting the results for young people all across this country, were we getting the results for businesses across this country, were we getting the results for families.
He made that very clear with the Race to the Top fund that is getting such wide reception and acceptance from Governors all over the country, from school districts, from unions, from families and organizations to see that change. He has extended that to the colleges and universities.
It is not enough that a student enters a college, that he or she is eligible to go to college. The question is, Will they graduate from that college? And what he has put in this legislation is a discussion and a requirement that we understand how many people who enter college obtain that certificate for a career, that AA degree in a 2-year college, their ability to go on to a 4-year college. That's the first time we've ever asked that question.
But it's terribly important, when two-thirds of the people going to college today are borrowing money, when they're borrowing money, we need to know that the colleges are providing the right kind of educational experience and the opportunity to succeed. That's what you've been voting for all day long, and I want to thank you because it will change the direction, it will change the direction in which we are going in this Nation. And I think it will dramatically enhance our possibilities of remaining the top competitive country in the world.
That's why the Business Roundtable spoke to the issue of the community college provisions in this bill, how important they were so that the community colleges could become a catalyst for economic revitalization, for retooling, for dislocation, so that communities that are welcoming a new industry or communities that are losing an old one and thinking about where to go in the future, to make the community colleges the center of that training and education that so many American workers and families are seeking out today. That's what you voted to do in this bill.
I want to thank you very much.
I will not yield. I want to thank you very much.
As to this amendment, ACORN gets, I believe, no money under this bill, but that's not the issue. The issue is that I will support the gentleman's motion to instruct. We have a world-class bill here. We have a bill of opportunity for families, for students, for employers, for our country, and for our economy. I hope you will support it. Vote for the motion to instruct. Vote for this bill on final passage.
Mr. Speaker, pursuant to the instructions of the House in the motion to recommit, I report the bill, H.R. 3221, back to the House with an amendment.
Mr. Speaker, I demand a recorded vote.