College Access And Opportunity Act Of 2005
Mr. Chairman, I rise today in support of the Democratic substitute. I was proud to put my name on that substitute because I believe that it does more for students than the underlying bill in front of us today, and because, quite frankly, I…
Mr. Chairman, I rise today in support of the Democratic substitute. I was proud to put my name on that substitute because I believe that it does more for students than the underlying bill in front of us today, and because, quite frankly, I want our children and our grandchildren to be able to afford to go to college.
H.R. 609, coupled with the $12 billion Congress cut from student aid and the President's zero funding of key student loan programs, is setting us back, not forward. I remember when the Federal Government actually helped students go to college, when a Pell Grant covered almost all of tuition expenses in a public university. Today, a maximum Pell Grant barely covers a third.
I oppose 609 because it includes many provisions that hurt students in the long run and omits many others that would have helped them.
If the Rules Committee would have allowed the amendment to prevent the Department of Education from carrying out the $664 million recall of the Federal Perkins loan fund, a recall mandated by the President's 2007 budget, that is potentially 463,000 lower-class and middle-class students and their families who will lose out on a key part of financial aid. We did nothing about that.
Another example is the single definition of an institution of higher learning I think poses a dangerous threat. It opens the door to potential future abuse of Federal aid by for-profit institutions. We should be protecting our students from fraud, not welcoming it through the door.
H.R. 609 falls short again on funding Pell Grants. A $200 increase through the year 2013 barely covers the real costs, and the President has frozen the maximum grant at 4,050 for 4 consecutive years.
I think the substitute does provide for the real value of Federal aid in helping students realize their dream and helping their families realize the dreams of their kids going to college.
But I think what the substitute says, above all, is that we can and we must do better. In December, the House Republicans voted to cut $12 billion from the Federal student aid program. Democrats came out in force and not one of us voted in favor of that bill. I ask my colleagues to join me again in opposing H.R. 609 because it is not enough, and support the Democratic alternative and then vote ``no'' on the final passage of the Missed College Opportunity Act.