Student Loans May Latch Onto Health Bill

Krigman, Eliza
March 2010
National Journal;3/13/2010, p11
The article examines the status of the Student Aid and Fiscal Responsibility Act in the U.S. Congress that would convert the federally subsidized private student-lending program into a direct-loan program run by the Department of Education if enacted. It notes that the House of Representatives has passed the bill in September 2009 via party-line vote, although the Senate has not acted on it yet. It cites the effort of private lender Sallie Mae to preserve its role as an originator of federal student loans.


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