Quoted In: Colleges Scramble to Adjust as Student Loan Overhaul Passes (The Washington Post)
“As Congress approved landmark higher education legislation Thursday, hundreds of colleges and universities were racing to overcome a major logistical challenge: switching within three months from private lenders to the U.S. Education Department as their provider of federal student loans,” The Washington Post reports. “‘This isn’t an easy transition,’ said Justin Draeger, vice president for public policy for the National Association of Student Financial Aid Administrators. ‘But I think colleges and universities are going to do everything they can to ensure that students have an uninterrupted supply of loans this year. Now it’s crunch time. It’s going to take some resources, some time, some outreach to students.’”
You can read the complete March 25, 2010 The Washington Post article on-line.