Rep. Miller Statement on Passage of a Permanent, Market-Based Solution for Student Loan Rates

Jul 31, 2013

WASHINGTON – U.S. Representative Candice Miller (MI-10) today made the following comments supporting the final passage of bipartisan legislation (Senate Amendment to H.R. 1911) to keep federal student loan interest rates affordable.  Miller said:

“The state of uncertainty with federal student loans caused by delay in the U.S. Senate finally comes to a close, and today Congress has passed a bipartisan solution to solving this important problem.  Back in May, the U.S. House passed a bill focused on stopping these loan interest rates from skyrocketing and ensure that a long-term and fairer solution for students, borrowers and taxpayers alike was available to all those looking for a loan.  Today, following the Senate’s recent action on a plan in-line with the House legislation, the House passed and sent to the White House for the President’s signature an affordable and market-base solution for federal student loans.”