search by topic
  
Printer Friendly Version Print This Page E-mail This Page E-mail This Page

Student Lending


Overview

CBA's Education Funding Committee is the public policy voice for private-market capital to fund loans supporting America’s students. The special challenges facing American higher education necessitate that voice more than ever, particularly as Congress reauthorizes the Higher Education Act.

The Committee worked successfully with student and school groups as well as with the Bush Administration and our community colleagues to secure legislation providing a viable interest rate on Federal student loans made on or after July 1, 2003. Enactment of this legislation in January, 2002, provides a sound foundation for the student loan programs as Congress turns to the task of reauthorizing the student aid programs.

The principal activity of the Committee is currently the reauthorization of the Higher Education Act. The Committee has established a Reauthorization Task Force to assess the needs of America’s students and to develop proposals based on this assessment.   CBA is working with community colleagues, especially student and school groups, on proposals reflecting the shared goal of keeping college affordable for all Americans.

Other issues the Committee is working on include a review of the Federal Consolidation Loan program, which has strayed from its historical role as a means of addressing the problems of students with multiple holders of their loans or facing difficult repayment burdens. CBA anticipates working with higher education community colleagues to assure that relief is available for borrowers facing repayment challenges, but that the primary focus of the federal student loan programs remains helping students go to college.

The Committee is supported by task forces on reauthorization, privacy and legislation.   The CBA staff is assisted in supporting the Committee by special counsel Dean Blakey Washington Partners.

CBA's annual Student Lending Conference is the leading forum for key lawmakers, regulators and industry leaders to address issues of vital interest to loan originators. The 2009 Student Lending Conference will be held December 9 - 11, 2009, at the Omni Shoreham, Washington, DC.  


Education Funding Committee Members


Resources

Important Links


CBA Education Funding Report

CBA's weekly update of the student lending arena. All Reports are Members Only

 

News

view related news >

CBA Staff Contacts

Steven I. Zeisel