Education is fundamental to the strength of our democracy and country. It is key to ensuring people in America are equipped and prepared to succeed in an ever-changing global economy. As Nancy has said time and again: nothing brings more money to the Department of Treasury than investing in education – early childhood, K-12, higher education, post graduate, and lifetime learning.
Nancy has fought tirelessly to secure federal resources to help save San Francisco City College. Under her leadership, Democrats worked to strengthen federal safeguards in order to maintain high standards and promote equal opportunity for historically disadvantaged kids through the Every Student Succeeds Act. Because of the Student Aid and Fiscal Responsibility Act that passed under her speakership, students in California and across the country have been able to pursue a higher education thanks to the creation of the American Opportunity Tax Credit and thanks to the maximum amount increase in Pell Grants, which remain under Republican assaults.
Democrats also helped graduate students with their loans by slashing Stafford loan interest rates in half – from 6.7% to 3.4% – in addition to creating an income-based repayment program and establishing a loan forgiveness program for graduates who embark in public interest careers.
Nancy Fighting Back:
Student Loans, Childhood Learning and Teachers:
In America, over 40 million people are saddled by $1.3 trillion in student loan debt. This has to change. Nancy believes students across California and the U.S. deserve the right to refinance this crushing economic ordeal at reasonable and affordable rates through the Bank On Students Emergency Loan Refinancing Act.
Nancy also knows more must be done so children and students are able compete in the 21st century. That is why she is fighting to increase access to effective early childhood learning. At the same time, our teachers – who give their all – must be provided with the necessary resources and funding in order to ensure our future leaders stand ready to face the challenges of tomorrow.