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Financial Aid in the News

Nebraska: Senator Calls On Duncan To Retract Support For Nationalizing Student Loan System (RTT News)

"Senator Mike Johanns, R-Neb., sent a letter to Education Secretary Arne Duncan on Tuesday, calling on Duncan to retract his recent letter advising colleges and universities to move toward a 100-percent government-run student loan delivery system," RTT News reports. "'The Obama administration seems intent on denying competition and ramming through a federally-run student loan system,' Johanns said in his letter. 'By encouraging institutions of higher learning to move quickly to a government-run system, it appears the White House is trying to end run Congress and strong-arm its way toward nationalizing the student loan industry.'"

You can read the complete Nov. 03, 2009 RTT News article on-line.

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