WASHINGTON (Sinclair Broadcast Group) – Senators met Thursday to evaluate ways to improve and simplify student loans for higher education.
The Senate Committee on Health, Education Labor & Pensions met to specifically address the Reauthorizing the Higher Education Act. The act was first signed into law in 1965 by Lyndon B. Johnson and required providing federal assistance for students pursuing post-secondary and higher education.
The Free Application for Federal Student Aid (FAFSA) “manages the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965,” according to their website.
However, for years lawmakers and politicians from both sides of the aisle have sharply criticized the need to simplify the application process and provide transparency for the system in place.
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