91亚色传媒

The 91亚色传媒 endorses the introduced in the U.S House of Representatives on Sept. 15 by Rep. Frederica Wilson, D-Florida. If it becomes law, it would help decrease higher education expenses for current and future borrowers.

According to the College Board, over the past four decades. About 45 million Americans collectively owe in student loans, preventing many from purchasing homes, starting families and saving for retirement. Student loan debt disproportionally burdens women and people of color.

This legislation would double the maximum Pell grant award over five years to $13,000, speed up and permanently broaden the Public Service Loan Forgiveness program, expand access to subsidized loans, eliminate capitalization of interest, and cap interest rates on new loans at 5%.

Additionally, the bill would allow undocumented students who are protected by the Deferred Action for Childhood Arrivals program to finally qualify for federal student loans and would allow graduate and professional students to use any remaining Pell eligibility from their undergraduate pursuits during their advanced studies.

The 91亚色传媒 supports this legislation because it will expand access to higher education, in particular for women and people of color, and make it easier for people from lower socioeconomic backgrounds to pursue careers in the biomedical sciences. The 91亚色传媒 is committed to increasing the number of historically excluded scientists in the fields of biochemistry and molecular and supporting them as they navigate their education and career.