***MEDIA ADVISORY*** Committee to Consider Proposals to Strengthen Federal Student Loan Programs, Enhance Higher Education Transparency
WASHINGTON, D.C., May 13, 2013
On Thursday, May 16 at 10:00 a.m., the House Committee on Education and the Workforce, chaired by Rep. John Kline (R-MN), will mark up the Smarter Solutions for Students Act (H.R. 1911) and the Improving Postsecondary Education Data for Students Act (H.R. 1949). The markup will take place in room 2175 of the Rayburn House Office Building.
The Smarter Solutions for Students Act, introduced by Chairman John Kline (R-MN) and Subcommittee on Higher Education and Workforce Training Chairwoman Virginia Foxx (R-NC), will move all federal student loans (except Perkins loans) to a market-based interest rate. This responsible proposal ensures all borrowers can take advantage of lower interest rates when available and protects borrowers against higher interest rates with a reasonable cap. By taking politicians out of the interest rate equation, H.R. 1911 will strengthen federal student loan programs and serve the best interests of both borrowers and taxpayers. To learn more about the Smarter Solutions for Students Act, click here.
The Improving Postsecondary Education Data for Students Act, introduced by Rep. Luke Messer (R-IN), will help Congress better understand the kind of information students have, want, and need when researching their postsecondary education options. This information will be critical to informing the committee’s efforts to improve students’ access to relevant and helpful information about higher education institutions in the upcoming reauthorization of the Higher Education Act – without overburdening institutions with more red tape and redundant requirements. To learn more about the Improving Postsecondary Education Data for Students Act, click here.
To learn more about this markup, visit www.republicans-edlabor.house.gov/markups.
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