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Hi, this is your Congressman, ██████████ at ████████████. I'm holding a telephone town hall right now to answer your questions and address your concerns. You'll be able to ask a question by pressing Star three at any time during the call. Just stay on the line. The call will begin momentarily. Please hold while we connect you to your Access Live event. This Access Live event is currently in progress. Please note that this call may be monitored, recorded, or rebroadcast. Education for our students with the ███████ deadline of kids trying to get into our UCs and our Cal states, it's incredibly unsustainable and unaffordable. And I've just been really underwhelmed with specifically my son's financial aid packages being a ██████████ residential. Yes, well, first of all, I completely agree. And I'll tell you that part of it is the structural deficit we've been running in the state of ██████████. And the fact that the UC system has this disincentive to have more in state residents, they need more out of state and international students who pay that higher premium to go to the schools. And. And that puts our own students at a disadvantage. But in general, the cost of college in this country has gotten completely out of hand. And, you know, I have a son who's about to enter high school and a daughter who is in middle school. And, you know, I really have been looking at it from a federal perspective with the premise that the federal government should not be in the business of profiting off students who are just trying to, you know, go to school. And so I'm fighting to try to reset the federal student loan interest rate at 0. We have a bill called the Student Loan Interest Elimination act, and we've been fighting for that for a while, because if you look at the average public university student that are taking out federal loans, a lot of it that they're paying is interest, and they're paying it over a very long period of time. And that's money that, you know, they could be using for all the other needs in their life. You know, they could be saving that money for retirement. So the federal government should not be taking that money. I think that's certainly a place that we ought to try to find some bipartisan common ground. The other is for our service members specifically. You have a lot of service members in our community and all across the country that they get a cap on student loan interest at 6% because of their service in the military. But the second that they consolidate or refinance those loans, which sometimes they need in order to access the Public Service Loan forgiveness program. That cap goes away and all of a sudden that interest rate gets jacked up, even for those service members. So that's another way we've been trying to fix it. And then of course, we have what's called the College Affordability Act. That's a big bill. It's a comprehensive bill. It increases the Pell Grant, in fact, doubles the Pell Grant. It makes two years of community college tuition free. It expands the public service loan programs. It cracks down on the predatory for profit colleges and.
DATE BLOCKED
Jun 22, 2022
CALL ACTIVITY
Last detected 3 days ago
