Unformatted text preview: affordable for all qualified students, it practically eliminates all profits that lenders have a potential to make. According to Kevin Bruns, the executive director of America's Student Loan Providers, stated that “the new law could take away 80 percent of the companies' federal subsidies over the next five years, which could result in fewer loan benefits for students” of course this is rightfully discredited by student advocates. I must agree that this is a “victory for students” and for yourself. Your continued efforts to pass legislation that will increase the opportunities available to American citizens, is very much appreciated. Sincerely,...
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- Fall '07
- Debt, Dear Senator Obama, America's Student Loan Providers