WASHINGTON—In this week’s address, President Obama told the American people that we can’t wait for Congress to take action to grow the economy and create jobs, and highlighted the executive actions he took this week to help families save thousands of dollars by refinancing their mortgages, put veterans to work, and lower the cost of student loans. The President continued to urge Congress to do its part and pass the American Jobs Act now, which will put more money in the pockets of middle class families, create jobs and strengthen our economy right away.
Category Archives: student loans
President Obama’s Weekly Address 10/29/11: "We Can’t Wait" to Strengthen the Economy and Create Jobs
Long Branch, N.J. – Congressman Frank Pallone, Jr. Monday will speak with Rutgers students during a roundtable discussion regarding their concerns about federal support for improving college affordability and the ongoing threat the Republican majority poses to funding federal Pell Grant loans. New Jersey students are concerned about college debt and the availability of federal Pell Grants, which for many, are the only way they are able to attend college.
During the recent debate to raise the debt ceiling in July, Republicans offered Pell Grant cuts as a way to cut the budget. These cuts were averted but as the Super Committee convenes to discuss budget cuts, Pell Grant funding may again be on the table.
WHO: Congressman Pallone will host a roundtable discussion soliciting input from Rutgers students and student organizations
WHEN: 11:00 a.m. Monday, September 12, 2011
WHERE: Rutgers Student Center
126 College Avenue, New Brunswick
Main Lounge (Across from Multi-Purpose Room)
The President looks back on a week that saw the passage of two major sets of reforms: one putting Americans in control of their own health care, and one ensuring student loans work for students and families, not as subsidies for bankers and middlemen.