Protect Student Loan Borrowers, Not Just Lenders
by: Danny K. Davis and Yvette D. Clarke, t r u t h o u t | Perspective

(Artwork: Matson / St. Louis Post-Dispatch)
As members of Congress who are active in education policy, we write to strongly urge the Treasury and Federal Reserve to include consumer protections in their plan to use taxpayer dollars to buy student loan securities. We strongly support ensuring that students have the money they need to attend institutions of higher education. However, we must make certain that any such plan aids students and doesn't simply line the pockets of for-profit lenders. Most students and families use federal loans to pay for college. »



