With the Senate not expected to move on a student aid bill for at least another month, one prominent Senator threw his weight behind the continued involvement of non-profits in the federal loan program. According to the Salt Lake Tribune:
"Vermont's Sen. Patrick Leahy said on the Senate floor Wednesday. "I will be working hard to ensure a role for nonprofit financial aid agencies."
The SAFRA bill that passed the House earlier this summer provided a servicing set-aside for the non-profit/ state agency servicers. To see what that could mean on a state-by-state basis, see this earlier analysis by SLA Blog.
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