Simpson Opposes One-Payer Student Loan Bill
Idaho Congressman Mike Simpson today opposed H.R. 3221, the Student Aid and Fiscal Responsibility Act of 2009. This bill does away with the Federal Family Education Loan (FFEL) program, which has been providing subsidized loans to students for more than 40 years and has over 2,000 lenders participating. Instead, it shifts all student loans to the taxpayer financed, government-run Direct…