Schumer: With College Costs Skyrocketing, We Must Renew Perkins Loan Program That Is Vital Lifeline For Thousands Of Struggling Students
Press Release
Issues: Higher Education
Standing at the SUNY New Paltz Atrium in Ulster County, U.S. Senator Charles E. Schumer today called on his Senate colleagues to immediately reauthorize and extend the Federal Perkins Loan program. Schumer said in a time when college costs are skyrocketing and students are straining under massive debt, it does not make sense to cut off a vital federal student loan program for those with financial need.
"With the cost of college continuing to increase, Congress should be doing more, not less, to make college affordable," said Schumer. "That's why I am urging my colleagues in the Senate to extend the Higher Education Extension Act of 2015, for one year to prevent the Perkins Loan program stalling any longer."
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