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Stop the Student Loan Rate Hike

Floor Speech

Date: July 10, 2013
Location: Washington, DC
Issues: Higher Education

Ms. FRANKEL of Florida. My, my, my, Mr. Speaker.

Jade Andrushka is a Palm Beach State College student with big dreams and a small bank account. Her mother is a hospice social worker, has solely supported Jade while paying back her own student loans for over 20 years so that she and her daughter could have a better life.

Well, Mr. Speaker, July 1 has come and gone, and the Federal student loan rates have doubled, making college more expensive for millions of American families, including Jade and her mom, who now face two generations of loans.

Mr. Speaker, it takes a simple fix by Congress to do the right thing, reverse this excessive rate hike, and clear the path to one of the most important pathways to American prosperity--a college education.

My, my, my, Mr. Speaker. Can't we all work together to get this done?


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