House Republican Conference Chair Cathy McMorris Rodgers (R-WA) applauded the passage today of H.R. 4984, the Empowering Students Through Enhanced Financial Counseling Act, which increases awareness for students and families participating in the federal loan program.
"As someone who is still paying off student loans, I know firsthand how important it is to plan ahead and be aware of the financial commitments that are so often associated with higher education. This bipartisan legislation gives students and parents the tools they need to make informed decisions about their financial commitments -- through interactive counseling sessions and improved loan awareness. Taking on loans is a significant investment -- one that that no student should go into blindly. This bill will change that. I commend Chairman Kline and Representative Guthrie for giving students these invaluable stepping stones to succeed."