US Presidency
1984

But there, again, we found people that there under the previous administration, families that had no limit to income were still eligible for low interest college loans. We didn't think that was right. And so, we have set a standard that those loans and those grants are directed to the people who otherwise could not go to college, their family incomes were so low. So, there are a host of other figures that reveal that the grant programs are greater than they have ever been, taking care of more people than they ever have. 7.7 million elderly citizens who were living in the lowest 20 percent of earnings, 7.7 million have moved up into another bracket since our administration took over, leaving only 5 million of the elderly in that bracket when there had been more than 13 million. Mr. Wieghart. Mr. President, in a visit to Texas, in Brownsville, I believe it was, in the Rio Grande Valley, you did observe that the economic recovery was uneven. The President. Yes. Mr. Wieghart.