Schools

Representatives Polis, Petri Introduce Bill to Simplify and Improve Federal Student Loans

Washington–(ENEWSPF)–Aprril 25, 2013.  Today, Congressman Jared Polis (D-CO) and Congressman Tom Petri (R-WI), both members of the Education and Workforce Committee, introduced the Earnings Contingent Education Loans (ExCEL) Act of 2013 to simplify and improve student loan repayment for borrowers and save taxpayer dollars.  This innovative, bipartisan legislation would improve and expand income-based repayment for borrowers and put in place a long-term fix to the student loan interest rate question.

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