Reed Fights for Lower College Costs
Meets with Corning Community College Students
Tom Reed visited the Corning Community College campus Commons to meet with students about the rising costs of college and learn more about the financial struggles that many of these students and their families face. “We care about making sure every one of these students can reach their fullest potential and get the education they need to be successful in the modern economy,” said Reed. “It’s only right we hear directly from these students and get their take on how we can make college more affordable.”
Reed was also joined by Corning Community College President Katherine Douglas. "College affordability is an issue near and dear to all of us at Corning Community College. We at CCC are delighted to have Congressman Reed facilitate a conversation for all our students whose voices are critical to this conversation," said President Douglas.
The visit comes as Reed continues work on multiple pieces of legislation to help stem rising college costs, including his Reducing Excessive Debt and Unfair Costs of Education (REDUCE) act. The bill would require colleges with endowments larger than $1 billion to distribute a portion of the profits earned from this money as tuition relief for students from working middle class families. If colleges fail to offer this amount of financial aid, colleges will face heavy tax penalties, up to and including losing their tax exempt status.
Reed went on to discuss the value of local Community Colleges, saying that they were “part of the equation to reduce the cost of college, but that there is much more work to be done on this issue.”
“There is no silver bullet for controlling college costs, but by working together and bringing sunshine to this issue, we can make sure students and their families are being treated fairly in long run. It’s just the right thing to do,” Reed concluded.