Thursday, April 10, 2008

House Passes Student Loan Bill

"The Ensuring Continued Access to Student Loans Act of 2008" (H.R. 5715) easily passed through the House after receiving approval from both the House Education and Labor Committee and the House Rules Committee. However, the bill is expected to face some roadblocks in the Senate, and negotiations are likely to occur before it is finally passed. This legislation will increase limits on federally backed student loans by $2,000 per student, and will increase the total amount of federal loans students can borrow.

Additional information can be found below:

Copy of the bill [pdf]

Committee press release

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