Skip to Content

Press Releases

Setting the Record Straight on Proposed Government Takeover of Student Loans

Congressional Leaders Tell College Presidents Bipartisan Student Loan Extension Can Still Pass Congress

WASHINGTON, D.C., December 15, 2009 | Alexa Marrero or Ryan Murphy ((202) 225-4527)
U.S. Senators Mike Enzi (R-Wyo.) and Lamar Alexander (R-Tenn.) and U.S. Reps. John Kline (R-MN) and Brett Guthrie (R-KY) today wrote college and university presidents regarding their legislation that would preserve critical student loan options for another year. The Members are working to extend the Federal Family Education Loan Program (FFEL) which has successfully helped millions of Americans realize the dream of a college education since 1965.

 


“Contrary to recent statements made by the Department of Education, the elimination of the FFEL program is not imminent,” wrote the Congressional leaders. “There remains widespread, bipartisan support in Congress to continue the FFEL program during these difficult times.”


In late November, Enzi, Alexander, Kline and Guthrie introduced S. 2796/H.R. 4103, a bipartisan, one-year extension of the Ensuring Continued Access to Student Loans Act of 2008 (ECASLA).


The letter seeks to remind college and university presidents that bipartisan support does exist in Congress for choices and options for students and parents through the federal loan program, as well as assure them that Congress can act quickly to enact an extension of ECASLA, as Congress has in the past.


For a copy of the letter, please click here.

# # #
Stay Connected