By Craig Palmer, ADA News staff
“We are particularly pleased that both versions of H.R. 1911 call for a study and report to Congress on the actual cost to the federal government of administering the student loan programs authorized by the HEA (Higher Education Act),” the Association said. “We understand H.R. 1911 has a very narrow focus, however, and that additional concerns about these loan programs will be addressed in future legislation.”
The letter urged Congress to consider the following principles in crafting future legislation.
The Association also urged Congress to amend the federal tax code and bankruptcy laws to help minimize the burden of student debt.