H.R.6889 - To extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes.

view all titles (1)

All Bill Titles

  • Official: To extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 2
  • Past Seven Days: 6
  • All-Time: 4,412
 
Introduced
 
House
Passed
 
Senate
Passed
 
President
Signed
 

 
09/15/08
 
09/15/08
 
09/17/08
 
10/07/08
 

 

Latest Vote

Result: Passed - September 15, 2008

Roll call number 591 in the House

Question: On Motion to Suspend the Rules and Pass: H R 6889 To extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes

 

Official Summary

Amends the Higher Education Act of 1965 to extend by one year, from July 2009 to July 2010, the Secretary of Education's authority to purchase, or enter into forward commitments to purchase, Federal Family Education Loans (FFELs) from lenders upon the determination that there is an ina

Official Summary

Amends the Higher Education Act of 1965 to extend by one year, from July 2009 to July 2010, the Secretary of Education's authority to purchase, or enter into forward commitments to purchase, Federal Family Education Loans (FFELs) from lenders upon the determination that there is an inadequate availability of loan capital to meet the demand for such loans. Extends by one year, from June 30, 2009 to June 30, 2010, the authority of institutions of higher education (IHEs), with the Secretary's approval, to participate in the FFEL lender-of-last-resort program for borrowers otherwise unable to obtain such loans; thereby requiring guaranty agencies serving as lenders-of-last-resort to make FFELs to student and parent borrowers of such IHEs, until such date, regardless of their ability to otherwise obtain such loans.

...Read the Rest


Latest Letters to Congress

See All Letters (2)
 


Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC