The House passed legislation (H.R. 1777) on Monday by voice vote to make technical corrections to the Higher Education Act (HEA), suspend the Parent PLUS Loan auction, and assist borrowers who are unable to rehabilitate their loans due to current market conditions. Here NASFAA provides a copy of the House debate as published in the Congressional Record.

Posted 04/02/09 to www.NASFAA.org. Redistribution to non-NASFAA institutions is prohibited. Please submit Web site questions or comments to Web@NASFAA.org.