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Al Franken on EducationDFL Jr Senator (MN) |
“Why not a $10,000 tax credit? Why not $20,000?” asked Barkley. “Who’s going to pay for this? We’re broke. I’m not going to pander to people.”
Franken responded that the money spent would be equal to just a few weeks of the Iraq war and could be financed by reducing tax breaks for millionaires.
Award competitive grants to provide adolescents with comprehensive sex education to:
Opponent's argument against bill: (Nick Wing on Huffington Post) An abstinence-only effort, introduced the same day, the Abstinence Education Reallocation Act, stands as an effective counter to the Democratic-backed Real Education for Healthy Youth Act.
According to the text of the abstinence-only bill, sex education programs would need to be "medically accurate" and teach the "skills and benefits of sexual abstinence as the optimal sexual health behavior for youth" in order to qualify for grant money. The bill also calls for applicable programs to focus on the "holistic health, economic, and societal benefits that can be gained by refraining from non-marital sexual activity," as well as to provide an "understanding of how drugs, alcohol, and the irresponsible use of social media can influence sexual decision-making and can contribute to risky and often aggressive sexual behavior."
Congressional Summary:Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Federal Direct Stafford loans to loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2015. Replaces the [termination date of] 2013 with 2015.
Proponent's argument for bill:(US PIRG press release): The Student Loan Affordability Act keeps interest rates affordable for students over the next two years. If Congress fails to act by July 1, interest rates on federal Subsidized Stafford Loans will double from 3.4% to 6.8%. That would hike the cost of college by $1,000 per student, per loan, for over 7 million students across the country. The bill pays for extending the current interest rates through 2015 by closing three non-education tax loopholes.
Opponent's argument against bill:(Rep. Tom Cotton, R-AR): Unfortunately, too many students today struggle for years to repay their loans because Washington politicians dictate student-loan rates and end up hurting students and taxpayers alike. It's causing tuition costs to skyrocket, leaving students buried in debt, often without jobs, and forced to delay buying a home and starting a family. As students struggle to repay their loans--regardless of the interest rate--taxpayers are on the hook for a $100 billion bailout--a burden hard-working Arkansans shouldn't have to bear. A better path is to let Arkansas's hometown banks work with students and families to finance higher education, just as they do with homes, farms, businesses, and other loans. I'm committed to bringing affordable higher education to every Arkansan and ending the federal-government monopoly on the student-lending business.