Keep an Eye on Student Loan Markets, Schumer Warns
Tuesday, October 07, 2008
New York, NY –
Sen. Charles Schumer is asking federal officials to keep a close eye on the student loans market. He says private banks are severely limiting or cutting off their access to student loans.
SCHUMER: If the doors of education are closed because of this financial crisis and people can't go to college, even though they're qualified, that would make this crisis longer and deeper than it has to be.
REPORTER: Schumer also has sent letters to all of New York State's college presidents asking them to accept federal Stafford and Perkins loans.
Leave a Comment
Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.