Not linked on Ron Paul’s Congressional Website.
HON. RON PAUL
OF TEXAS
IN THE HOUSE OF REPRESENTATIVES
Thursday, April 2, 2009
2009 Ron Paul 46:1
Mr. PAUL. Madam Speaker, I rise to help
millions of Americans afford higher education
by introducing the Make College Affordable
Act of 2009, which makes college tuition tax
deductible. Today the average cost of education
at a state university is $12,796 per
year, and the cost of education at a private
university is $30,367 per year. These high
costs have left many middle-class American
families struggling to afford college for their
children, who are often ineligible for financial
aid. Therefore, middle-class students have no
choice but to obtain student loans, and thus
leave college saddled with massive debt.
2009 Ron Paul 46:2
Even families who plan and save well in advance
for their children’s education may have
a difficult time because their savings are eroded
by taxation and inflation. The Make College
Affordable Act will help these middle-class students
by allowing them, or their parents or
guardians who claim them as dependents, to
deduct the cost of college tuition as well as
the cost of student loan repayments.
2009 Ron Paul 46:3
The Make College Affordable Act will also
help older or nontraditional students looking to
improve their job skills or prepare for a career
change, by pursuing higher education. In today’s
economy, the average American worker
can expect to change jobs, and even careers,
several times during his or her working life,
making it more important than ever that working
Americans be able to devote their resources
to continuing their educations.
2009 Ron Paul 46:4
Helping the American people use their own
money to ensure every qualified American can
receive a college education is one of the best
investments this Congress can make in the future.
I therefore urge my colleagues to help
strengthen America by ensuring more Americans
can obtain college educations by cosponsoring
the Make College Affordable Act.
