Mr. BACA. Madam Speaker, investing in education is an investment in our Nation's future. In these tough times, we should make every effort to increase access to higher education for all Americans.
Unfortunately, if Congress does not act soon, interest rates on student loans will double for over 7 million students. If these rate hikes go into effect, it will be cheaper to buy a home than to buy a college education.
Sadly, the GOP seems to want higher education reserved only for the wealthiest Americans. Instead of working to help more Americans achieve a college education, Republicans are playing games with the health of women and children. Once again, Republicans are showing their priorities are out of touch with hardworking Americans.
We need to act now to keep student loan interest rates low so all Americans have an opportunity to obtain an education.