October 29, 2009
EFC,SLSA Urge Reconsolidation Provision Not Be Included in Senate Student Loan Bill
Today, the Education Finance Council (EFC) and the Student Loan Servicing Alliance (SLSA) sent a letter to Senate Health, Education, Labor, and Pensions (HELP) Committee Chairman and Ranking Member Tom Harkin (D-IA) and Michael Enzi (R-WY) requesting that the Senate not include a proposed provision allowing borrowers with Federal Family Education Loan Program (FFELP) consolidation loans to “reconsolidate” into the Direct Student Loan Program (DSLP) in its student aid reform legislation.
The letter can be viewed here.
EFC,SLSA Urge Reconsolidation Provision Not Be Included in Senate Student Loan Bill
Today, the Education Finance Council (EFC) and the Student Loan Servicing Alliance (SLSA) sent a letter to Senate Health, Education, Labor, and Pensions (HELP) Committee Chairman and Ranking Member Tom Harkin (D-IA) and Michael Enzi (R-WY) requesting that the Senate not include a proposed provision allowing borrowers with Federal Family Education Loan Program (FFELP) consolidation loans to “reconsolidate” into the Direct Student Loan Program (DSLP) in its student aid reform legislation.
