On the recordDecember 17, 2013
I am pleased to know it is the intent of the chairman of the Senate Budget Committee--the chief Senate negotiator for the Bipartisan Budget Act--that nonprofit servicers will continue to play an important role in servicing Federal student loans, both now and in the future. I strongly support this intent and the vital public service role that nonprofit and State agency servicers have played in Federal student loan programs on behalf of Federal student loan borrowers and the American public. I will be one of those who will expect the Department to pay close attention to congressional intent in this matter. I also look forward to working with my colleagues on both the Senate Health, Education, Labor and Pensions Committee and the Appropriations Committee to ensure that this intent is carried out.
