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- Financial Student Aid and Fiscal Responsibility Act: How Does it Affect You?
- Education Secretary Presses Case for Student Loan Overhaul
- Government Takeover of College Loan Pool in Works (ISU Bengal)
- Student Loan Debate Continues as Legislation Languishes behind Health Bill
- Discussing Student Loan Bill, No Timeline for a Vote
Surviving the Game of Chicken (Inside Higher Ed)
“Financial aid officers and their bosses, college presidents, can be forgiven if they feel a little bit like the rope in a game of political tug of war over federal student loans,” Inside Higher Ed reports. “On the one hand, they’re hearing regularly from the Obama administration and its allies in Congress that they’re putting their students’ academic futures at risk if they don’t prepare to switch to the federal Direct Loan Program now, because pending legislation known as the Student Aid and Fiscal Responsibility Act will require them to do so by next July. On the other, lenders are whispering in their ears that the legislation’s fate is uncertain and that if they prefer the bank-based Federal Family Education Loan Program, in which a majority of colleges still participate, they should stick to their guns.”
See the article here:
Surviving the Game of Chicken (Inside Higher Ed)