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Another Letter from Washington on Student Loans

Another Letter from Washington on Student Loans
December 16, 2009

The barrage of dueling entreaties and warnings about the future of the federal student loans continued Tuesday, as four leading Congressional Republicans told college presidents in a letter that "the elimination of the [Federal Family Education Loan Program] is not imminent" because "there remains widespread, bipartisan support in Congress" to continue it. Many Republicans oppose the Obama administration's plan to end the lender-based guaranteed loan program and shift all federal lending to the competing Direct Loan Program, for which Education Secretary Arne Duncan and Democratic leaders, in multiple letters, have encouraged college leaders to prepare. Tuesday's letter from Sens. Michael B. Enzi and Lamar Alexander and Reps. John Kline and Brett Guthrie accused Democrats of "prematurely pressur[ing] schools" to switch programs.

 

 

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