THE WHITE HOUSE
Office of the Press
Secretary
______________________________________________________________________________
FOR IMMEDIATE
RELEASE July
15, 2009
Statement from the
President on Chairman Miller’s education reform bill
I
applaud Chairman Miller for introducing an education reform bill that will cut
giveaways to special interests, invest in our children’s future, and save
taxpayer’s money.
Chairman
Miller and I are working to end the wasteful subsidies that are given to banks
and private lenders for student loans. Instead, his legislation will make
college more affordable by paying for annual increases in Pell Grants that keep
pace with inflation. He’s also working with us to simplify financial aid
forms and increase graduation rates.
This
legislation will also help us reach the goal I set out in
Finally,
I am proud that this legislation not only pays for itself, but also saves
taxpayers money and reduces the deficit. I look forward to working with
the Chairman and Congress to make this bill even stronger and pass it before
the end of the year.
At last, three committees working together for a common goal. Great work and thank-you. I'm surprised there aren't any comments.