Legislation Introduced To Prohibit Loan Discrimination Based Solely On Institution Type

by Justin on June 18, 2008

Abstract: In response to lenders in the Federal Family Education Loan Program that have stopped offering federal student loans to students based on the school they attend, Senators Patty Murray (D-WA) and Chris Dodd (D-CT) introduced the Preventing Student Loan Discrimination Act yesterday. The bill would prohibit lenders from denying FFELP loans to eligible students solely based on the institution where they attend, the length of their college program, or their income level.

The full article was originally published in NASFAA’s Today’s News on 6/18/08.

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