Sen. Enzi is ranking member of the Senate Health, Education, Labor and Pensions Committee.
Last night, the House of Representatives passed legislation to reauthorize the Higher Education Act, which includes key higher education reforms that are critical to expand access to college, protect students from bad actors in the student loan industry, and provide clear information students need to understand and manage their debts.
I applaud the House of Representatives for acting on this critical legislation. I’m hopeful that House and Senate leaders can name conferees soon, so that we can reconcile the differences between the House and Senate bills and send a final Higher Education Act reauthorization bill to the President.
The House approved the “College Opportunity and Affordability Act of 2007,
The Senate-passed bill will restore students’ trust in student loan programs by holding lenders and schools to a code of conduct. It will also ensure that students and parents have the information they need about the costs of college and the financial impact of their loans so they can make sound decisions about their futures.
The key provisions of the “Higher Education Amendments of 2007