Committees Consider College Loan Bill

Week of July 07, 2008

House and Senate Committees are considering a veterans benefits bill that would require colleges to refund loans and out-of-pocket costs to students who are called to active-duty in the middle of a semester. The bill would also give students the right to sue colleges that fail to do so. Several educational associations voiced their concerns. One association suggests that the Federal government discharge the loans rather than require colleges to repay them. The bill would also require colleges to re-enroll veterans at the same academic status they held when they departed.

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