August 27th 2010 01:30 pm
Rep. Petri at Education Press Conference
At a press conference Sept. 15, 2009 with Education Secretary Arne Duncan, House Speaker Nancy Pelosi and others, Rep. Petri discussed HR 3221, the Student Aid and Fiscal Responsibility Act of 2009. This bill will eliminate the Federal Family Education Loan (FFEL) program (aka “guaranteed loans”) in favor of the vastly more cost-effective Direct Loan program, which Petri has championed since 1983.
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Tags: Congress, Direct Loan, education, House of Representatives, republican, SAFRA, student loans, Wisconsin
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