Pelosi: Higher Education Bill is Bipartisan Investment in College Affordability and...

Pelosi: Higher Education Bill is Bipartisan Investment in College
Affordability and in America's Middle Class

WASHINGTON, July 31 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released
the following statement after the House approved the Higher Education
Opportunity Act Conference Report by a vote of 380 to 49. The Senate could
pass the Conference Report as early as today:

"By making college more affordable for all and more accessible for minority
students, the first new higher education authorizing legislation in a decade
will help strengthen our nation and America's middle class, and spur a new age
of innovation and ingenuity in our country.

"This bill builds on our work last year when we cut student loan interest
rates in half and increased Pell Grants. This legislation will help hold down
rising tuition, simplify the financial aid application process, and clean up
the student lending scandals of recent years.

"We owe a great deal of thanks to Education and Labor Committee Chairman
George Miller, who brought us forward-looking legislation that is an
investment in job creation and in students who will help power America's
economic future. We look forward to the President signing into law this
bipartisan investment in college affordability and in our nation's middle
class."

SOURCE Office of the Speaker of the House

Brendan Daly or Nadeam Elshami, +1-202-226-7616, both of the Office of the
Speaker of the House