Blog: Implementing the Student Aid and Fiscal Responsibility Act and its impact on Latinos: What is the tactical federal plan to reach Latino communities so they are aware of their student loan options and can make informed choices to pay for college? Translating a few publications into Spanish does not constitute a tactical plan.
This past week the House of Representatives passed landmark legislation to overhaul student college loan programs and redirect billions in projected savings to student aid and other education programs. Among its most significant changes, the Student Aid and Fiscal Responsibility Act (HR3221) would eliminate the bank-based Family Federal Education Loan Program (FFELP) and make the federally run Federal Direct Loan Program the primary federal loan program.
