On the recordJuly 24, 2007
with the passage of the Higher Education Amendments of 2007, we have given the millions of students and families the key to unlock the door to a college education and the American dream. This bill represents an incredible victory for students and families, and we can be proud that in this new Congress we have renewed our commitment to students working hard to achieve the promise of America. The Higher Education Amendments of 2007 is the first reauthorization of the Higher Education Act in nearly a decade and is the result of 2 years of bipartisan compromise. This legislation will reform the student loan industry and serve the best interests of our students. I believe student loans should be an investment in the future. Sadly, for too many students, their student loans have become a barrier to following their dreams. That is why I am pleased this bill includes provisions from my Student Borrower Bill of Rights Act. My provisions will ensure all student borrowers have accurate and timely information on their loans and will provide much needed help to borrowers with disabilities. These provisions are a major step forward for students who have become disabled and are overwhelmed with student loan debt. I am proud this legislation also includes provisions from my Non-Traditional Student Success Act, as the number of nontraditional students continues to increase on college campuses across America.
Source
govinfo.gov




