Think Progress

House committee passes landmark student aid bill.

The House Education and Labor Committee yesterday passed the College Cost Reduction Act of 2007, the “single largest investment in college financial aid since the GI Bill, helping millions of students and families pay for college — and doing so at no new cost to U.S. taxpayers.” The legislation boosts college financial aid by nearly $20 billion over the next five years, paying for itself “slash[ing] government subsidies paid to student lenders.” More details HERE.



13 Responses to “House committee passes landmark student aid bill.”

  1. oldtree says:

    and does anyone think that the chimp is going to sign anything that benefits anyone that needs it? you and I must be dreaming of a different world


  2. ShamRockNRoll says:

    Thank you Democrats, I need this!


  3. ShamRockNRoll says:

    Thank you Democrats! I need this!


  4. MsJoanne says:

    Hold your praise…it’s doubtful that this admin will sign off on anything that benefits anyone but the already wealthy…that and their corporate daddys.


  5. Jay Randal says:

    Senate might not pass it, and Bush might veto it, so no celebration is in order at present.


  6. Zooey says:

    Thank you Democrats! I need this!
    Comment by ShamRockNRoll — June 14, 2007 @ 11:16 am

    Me too! I’m hopeful…..


  7. YouCantHandleDaTruth says:

    BAMB!! Worth my vote!!!


  8. RUCerious says:

    I took advantage of my GI bill, it got me through college.
    Let’s be as generous to the next generation who want to go get a college degree.


  9. Jeremy says:

    Oh, yeah. Here’s hoping. Still got another 2 or more years left in The System, so here’s hoping the Senate gets this done and the President (the bastard) signs the damn thing!


  10. BlueArkansas says:

    Excellent. Let Shrub veto this, ignore the needs of the American people again, and further bury the neoconservative strain fo the Republican Party!


  11. Proud American Liberal says:

    The above posters make several excellent points: it may not make it through congress. Bush may veto it.

    One thing is paramount: our country needs to make college education affordable. I insist it not be by subsidizing students or bolstering student loan programs, both of which enable schools to charge exorbitant prices for substandard educations.

    Not only does college cost more than it did when I was in school, the quality doesn’t measure up either. This is largely due to lack of sufficient support for education. It’s the “I’ve got mine and to hell with you” philosophy now gripping this country.

    If we don’t work together and support each other, we will not survive.


  12. Karim says:

    Democrats can do better, and this is a good first step.


  13. NoOneYouKnow says:

    It’s in Bush’s interest to veto this; his base is made up of millionaires and the uneducated.



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