Fixed Rate Student Loans, With Good or Bad Credit

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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Technorati Tags: Congress, Direct Loan, education, House of Representatives, republican, SAFRA, student loans, Wisconsin

Tags: Congress, Direct Loan, education, House of Representatives, republican, SAFRA, student loans, Wisconsin

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