Twenty-One Representatives Want Administration Action

WASHINGTON - Congressman Paul E. Kanjorski (D-PA), the Chairman of the House Financial Services Capital Markets, Insurance, and Government Sponsored Enterprises Subcommittee, and 20 other Members of the U.S. House of Representatives urged Secretary of the Treasury Henry M. Paulson, Jr. and Secretary of Education Margaret Spellings to take action to ensure that students can afford higher education.  In recent weeks, the liquidity of the student loan market has considerably tightened.  Congressman Kanjorski aims to ensure that students can obtain needed loans to provide continued access to higher education opportunities.

The group requested that Secretary Paulson and Secretary Spellings keep them informed of their efforts to address these matters.

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Editor's Note:  A copy of Congressman Kanjorski's letter to the Honorable Henry M. Paulson, Jr., the Secretary of the Treasury and the Honorable Margaret Spellings, the U.S. Secretary of Education is attached.