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Online Forum on College Affordablity Committee on Education and the Workforce (Democrats) Despite the critical need to boost affordable college opportunities in order to ensure America’s security and global competitiveness, in early 2006 the Republican-majority Congress cut $12 billion from the federal student aid programs, putting college further out of reach. Democrats have a different idea. We introduced legislation to cut interest rates on student and parent loans in half, saving the typical student borrower $5,600 over the life of his or her loan. It is time for Congress and the administration to listen to students and parents. Take a minute to read testimony submitted below by students, parents, community members and experts about the importance of an affordable college education. Then be sure to see how much a Democratic plan could save you in loan interest with our Student Loan Calculator. Make College Affordable: America's Students and Families Deserve Better

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