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's weekly update of the student lending arena. All Reports are Members Only
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News
- May 6, 2010 — CBA Sends Letter to Senate Urging Opposition of Franken Amendment No. 3766 – Student Loans in Bankruptcy — PDF format, 43KB
- March 24, 2010 — CBA Urges the Senate to Reject Student Loan Provisions in the Reconciliation Bill
- March 16, 2010 — The Latest on Pending Student Legislation — PDF format, 90KB
- February 17, 2010 — CBA Announces Webinar on Student Lending - Webinar scheduled in response to need for clarity on new regulations.
- September 18, 2009 — CBA Statement on House Passage of Student Loan Legislation
- September 16, 2009 — Student Lending: — PDF format, 16KB
- July 30, 2009 — Student Lending — PDF format, 54KB
- July 28, 2009 — CBO Director Casts New Doubt on Student Loan Plan
- June 26, 2009 — CBA WELCOMES SIMPLIFIED STUDENT AID APPLICATION FORM
- May 26, 2009 — Student Loans — PDF format, 92KB
- May 22, 2009 — Coverage of TILA Student Lending Proposal Calls for Comment — PDF format, 37KB
- May 21, 2009 — CBA Testimony — PDF format, 37KB
- May 18, 2009 — Surge Puts Petition Signatures Over 13,000 - Budget Vote Sparks Concern about Choice & Competition in Student Loans
- May 13, 2009 — Student Lending — PDF format, 20KB
- April 29, 2009 — CBA Statement on Congressional Approval of Budget - Sufficient concerns have been raised about the student loan changes contemplated in the budget to justify hearings and consideration of alternatives
- April 29, 2009 — CBA Statement on Congressional Budget Agreement - Adoption of the fast-track reconciliation process must not prevent exploration of better alternatives to the President’s student loan proposal.
- April 24, 2009 — CBA Statement on President's Student Loan Plan
- March 30, 2009 — FEDERAL TAKEOVER OF STUDENT LOANS A GRAVE MISTAKE
- March 24, 2009 — Federal Student Loans Secure for Next Fall
- March 11, 2009 — Fed Proposes Regulation Z Disclosures for Private Student Loans - CBA to Comment — PDF format, 37KB
- February 26, 2009 — STUDENTS WILL BE HURT BY PHASE-OUT OF STUDENT LOAN PROGRAM
- February 13, 2009 — Private Loan Workshop to Offer First Walkthrough of new Federal Non-federal Student Loan Disclosure Regulations
- December 17, 2008 — CBA Praises the Nomination of Arne Duncan as Secretary of Education
- October 16, 2008 — College Students Tapped for CBA Grass Roots Financial Literacy Campaign - Public Relations Student Society of America Bateman case study competition helps pre-professionals get career credentials.
- September 18, 2008 — FFEL LENDERS HELP HOLD THE LINE ON STUDENT LOAN COHORT DEFAULT RATES
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CBA Staff Contacts
Steven I. Zeisel
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