Basic Facts You Need to Know about the Student Aid and Fiscal Responsibility Act of 2009
On September 17, 2009, the House of Representatives passed the Student Aid and Fiscal Responsibility Act of 2009 (SAFRA), a student aid bill that constitutes a large and unprecedented investment in higher education in the United States. The bill, which is based on one of President Obama’s key objectives, to help more students have access to higher education, introduces far-reaching reforms of the federal student loans systems and could generate savings of as much as $100 billion.
Add comment January 3rd, 2010