Reichert Statement on Final Student Loan Bill Passage

Aug 1, 2013 Issues: Education

Washington, D.C. -- U.S. Congressman Dave Reichert released the following statement upon passage of the Bipartisan Student Loan Certainty Act this evening:

“Today the House passed the Bipartisan Student Loan Certainty Act.  I am glad we were able to come to an agreement that will immediately lower rates for new borrowers and puts student loan interest rates back on a track toward long term stability through fixed rates.  Student loans are what make college financially possible for many, and keeping the government from controlling student loans assures students they will be able to repay their loans in a reasonable time without increases in their rates.”