Sunday, July 6, 2014

Alexander get award for work on student aid

Each year, the National Association of Student Financial Aid Administrators (NASFAA) presents awards to the most deserving members of the financial aid profession and higher education community. These awards are reviewed and selected annually by NASFAAs Awards Committee, and ratified by the Board of Directors. They are presented each year at the National Conference, with nearly 3,000 members in attendance. One of the five recipients of this years awards was Senator Lamar Alexander. Below is their statement recognizing Alexander.

Sen. Lamar Alexander (R-TN). During his outstanding service as the Ranking Member of the Senate Committee on Health, Education, Labor and Pensions, Senator Alexander has sponsored legislation to support the student aid programs that make it possible for millions of Americans to obtain a post-secondary education. His vision and leadership helped secure passage of the Bipartisan Student Loan Certainty Act of 2013, which ensures continued stability in the federal student loan programs. He is spearheading a movement to simplify student aid for students and reduce burden for schools. As former Secretary of Education and a hardworking member of the U.S. Senate from Tennessee since 2002, he is a tireless advocate for low- and middle-income students.
You may recall the contentious debate about student loans.  Democrats wanted to make DIRECT student loans available for one or two more years at a guaranteed rate of 3.4%.  Alexander successfully argued for a market based rate and a longer term solution.  This is one of those rare issues that was successfully resolved in a bipartisan manner. For a link to this story find it hear.

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