Murray Helps Pass Higher Education Reform Bill

Murray Helps Pass Higher Education Reform Bill that Makes College More Affordable and Reduces Student Debt Payments
Murray declares legislation a "major victory" for Washington state students and working families

For Immediate Release:
Friday, July 20, 2007

(Washington, D.C.) – Today, U.S. Senator Patty Murray (D-WA) released the following statement on Senate passage of the Higher Education Access Act of 2007. The bill passed the Senate by a vote of 78-18.

"Today we achieved a major victory in the fight to help more students afford and attend college. The Higher Education Access Act will raise the number of Pell Grants, keep loan payments reasonable for graduates, assist military service members, and help homeless and foster students attend college.

"In recent years, the deck has become increasingly stacked against students who want to get a college education in Washington state and across the country. College has become more expensive while the Pell grant has remained stagnant, and on top of that, some large lenders have taken advantage of students. This means that those students who are able to attend college are often graduating saddled with debt - unable to buy a car or a house. Today we have passed legislation that works to end this crippling trend.

"The legislation passed today raises the maximum Pell Grant by 25 percent over four years to $5,400 per student. This will make nearly $40 million in need-based grants available for Washington state students next year alone.

"The bill also ensures that college graduates are not burdened with high loan payments by guaranteeing that borrowers will not have to pay more than 15 percent of their monthly income in student loan payments. This will bring immediate relief to students who are burdened with excessive loans.

more:
http://murray.senate.gov/news.cfm?id=279419

Like in SICKO do we the most wealthiest country on the face of this earth have to pay for College and Health Care?????


These two issues are what would make this country a better place to live.......Its all about DEBT...

College and health care are an investment back into your country.

with the new $5.85 increase, - 15% $140; I think the 15% is higher than the minimum wage increase.

Other than that, it's a step in the right direction.