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Maria's Monday Memo
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News: Maria's Monday Memo
Tuesday, July 24, 2007Health Care Coverage for Last week, the Senate Finance Committee, where I am a new member, approved a bill to get health care to over 35,000 We’ve cleared the first hurdle in the battle to make sure that every child in Extending Education Opportunities for Veterans The GI Bill, a cornerstone of education in Last week, Senator Blanche Lincoln (D-AR) and I introduced, with bipartisan support, two GI Bill amendments to the National Defense Authorization Act for Fiscal Year 2008 to remove the 10-year education time limit and improve education and job training opportunities for veterans under the GI Bill. While the National Defense Authorization Act has been pulled from the Senate floor, it will be brought back up very soon and I will continue to work to make sure that our veterans can use their GI Bill benefits at any time, whether it’s right after they leave the military, or years down the road when they want to go back to school or upgrade their skills. By a vote of 78 to 18, last week the Senate passed the Higher Education Access Act of 2007 to make college more affordable for more Americans at no cost to taxpayers by reducing excessive lender subsidies and redirecting federal aid to students who need it most. With 60 percent of new jobs requiring some post-secondary education, instead of 15 percent half a century ago, the best guarantee of a good, secure job in this global economy is a quality education. Skyrocketing tuition is making it more and more difficult for Americans to earn a college degree without going deep into debt. With the help of federal Pell Grants, I was the first member in my family to graduate from college. I know how important a college education can be, and how hard it is when you aren’t sure you’ll be able to afford it. No American should be forced to mortgage their future to pay for their education. Students in our state will get over $340 million in new grant aid and over $200 million in Pell Grant aid next year from this bill. The bill will also simplify the financial aid process for low-income students; protect borrowers by making student loan payments manageable; forgive the debt of those who commit to ten years in a public service occupation like nursing, teaching or law enforcement; protect working students; and reform the student loan system by making sure it works for students, not banks.
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