Student Loan Rates

Floor Speech

Ms. SHEA-PORTER. Education is the key to prosperity in this country. Families know that. That's why they save up for college for their students, but the cost of college has become so expensive that they've had to borrow money. The interest rates now are absolutely ridiculous, but they're about to get even worse on July 1 because Congress has not acted.

Families across our country and in my State of New Hampshire are depending on Congress to fix this problem. We cannot allow these rates to double. These families cannot afford that. I am calling on Congress to stay here until we settle this, to think about those families across this country, put off that vacation, stay right here and work it out.

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