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Feds To Take Control of Student Loan Program ?

October 01, 2009


Proposed changes to the way students obtain financial aid for college has ignited a debate in congress. The Student Aid and Fiscal Responsibility Act is currently in the Senate after passing a House vote last week. The proposal ends federal subsidies for private lenders, leaving the government to make all student loans. Critics such as Congressman Doc Hastings calls the bill a federal government takeover that offers no improvments in the existing system. But supporters, such as Wenatchee Valley College Financial Aid Director Kevin Berg are in favor of the change. Wenatchee Bureau Chief Steve Hair talked to Berg . . .



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