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Politics

: The Gavel

House Debates College Opportunity and Affordability Act

By Jesse Lee

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The House is currently debating the College Opportunity and Affordability Act, which will continue this Congress? effort to make college more affordable and accessible. This bill would reform our higher education system so that it operates in the best interests of students and families, while boosting our competitiveness and strengthening our future.

The legislation would: encourage colleges to rein in price increases and provide consumers with helpful information; restore integrity and accountability to the student loan programs; simplify the federal student aid application process; make textbook costs more manageable; expand college access and support for low-income and minority students; increase college aid and support for veterans and military families; ensure equal college opportunities for students with disabilities; boost campus safety and disaster readiness plans; encourage colleges to adopt sustainable and energy-efficient practices; and strengthen our workforce and our competitiveness.

Read further details in our current legislation section >>

Democratic Caucus Chairman Rahm Emanuel spoke in favor:

Rep. Emanuel: “If a company is applying for an Export-Import loan from the government, it?s 13 questions, a page long. But a kid going to college, his parents have to fill out over 100 questions. Let me read you some of the questions: Go to page 8 and complete the columns on the left of Worksheets A, B, and C. Enter the student (and spouse) totals in questions 44, 45, and 46, respectively. Worksheet B (first of 12 items): Payments to tax-deferred pension and savings plans (paid directly or withheld from earnings), including, but not limited to, amounts reported on the W-2 Form in Boxes 12a through 12d, codes D, E, F, G, H, and S. If you can fill that out, skip college, go to graduate school. Now thankfully to the chairman, we?ve now put in here, to streamline this and create an EZ Form, so this is not one of the leading causes of divorce in America, the college aid plan.”

Full post as published by The Gavel on February 07, 2008 (boomark / email).

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