S-3279.1          _______________________________________________

                            SENATE JOINT MEMORIAL 8025

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State of Washington              52nd Legislature             1992 Regular Session

By Senators Saling, Metcalf, Stratton, Oke, Bauer, Sellar and Patterson

Read first time 01/22/92.  Referred to Committee on Higher Education.Petitioning Congress to restructure the federal student loan program.

     TO THE HONORABLE GEORGE BUSH, PRESIDENT OF THE UNITED STATES, AND TO THE PRESIDENT OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES, AND TO THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED STATES, IN CONGRESS ASSEMBLED:

     We, your Memorialists, the Senate and House of Representatives of the State of Washington, in legislative session assembled, respectfully represent and petition as follows:

     WHEREAS, The Washington State Legislature believes in the importance of higher education opportunities for all who desire postsecondary training; and

     WHEREAS, The Washington State Legislature recognizes that there is a third industrial revolution now taking place in the world that requires a more highly educated citizenry prepared to use judgment and make decisions; and

     WHEREAS, The cost of obtaining that education has become prohibitive throughout the United States; and

     WHEREAS,  The quality of life and the economic health of the individual states as well as the entire country depends on an educated citizenry; and

     WHEREAS, It is imperative that all citizens be full participants in an evolving global economy; and

     WHEREAS, Low-cost, federally subsidized loans should be available for the education of all students regardless of income to use for educational costs at the institution of choice for either vocational or academic training; and

     WHEREAS, The repayment of the low-cost, federally subsidized education loans should be made through the Internal Revenue Service and should be collected along with the borrower's taxes;

     NOW, THEREFORE, Your Memorialists respectfully pray that the United States Congress restructure the federal student loan program with the goal of serving more students and spending government funds more efficiently.

     BE IT RESOLVED, That copies of this Memorial be immediately transmitted to the Honorable George Bush, President of the United States, the President of the United States Senate, the Speaker of the House of Representatives, and each member of Congress.