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House Approves Long-Term Solution to Student Loan Interest Rates
May 23, 2013
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The U.S. House of Representatives today approved the Smarter Solutions for Students Act (H.R. 1911), legislation that will prevent subsidized Stafford loans from doubling on July 1st. Introduced by Education and the Workforce Committee Chairman John Kline (R-MN) and Higher Education and Workforce Tr...
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ICYMI: Reforming student loans is off to a good start
May 21, 2013
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Congress has only begun working on student loans this year, and already it’s going better than last year’s debacle. Election-year politics drove Congress and the White House to endorse a bumper-sticker policy — keep loan rates from doubling! — instead of looking at the substance. Lawmakers rushed t...
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Committee Approves Legislation to Prevent Student Loan Interest Rate Cliff
May 16, 2013
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The House Committee on Education and the Workforce, chaired by Rep. John Kline (R-MN), today approved two pieces of legislation designed to address a pair of problems facing the nation’s higher education system. The Smarter Solutions for Students Act (H.R. 1911), introduced by Chairman Kline and Sub...
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Foxx Statement: Amendment in the Nature of a Substitute for H.R. 1911
May 16, 2013
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Thank you, Chairman Kline, and thank you for your leadership on behalf of students and taxpayers to identify a sustainable solution to the student loan interest rate cliff. As many of us know, on July 1, today’s 3.4 percent subsidized Stafford Loan interest rate is set to double to 6.8 percent for m...
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