The Perkins Student Loan Program Expired On September 30th, Jeopardizing The Education Of Students Across the Country Who Rely On The Program To Attend College

Press Release

Standing at the University at Albany, 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. In addition, Schumer will say there is no excuse for the Senate to not extend this program, especially when the House of Representatives has already passed the extension unanimously.

"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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