Pocan Introduces Bi-Partisan Legislation to Reauthorize Perkins Loan Program
Washington, D.C - U.S. Rep. Mark Pocan (D-WI), along with Rep. Mike Bishop (R-MI), introduced the Higher Education Extension Act of 2015, H.R. 3594, a bill that would reauthorize the Federal Perkins Loans program for one year before it expires on September 30th. The Federal Perkins Loan is a need-based loan, which fosters access to higher education for low-income students by providing low interest loans to students in need.
“The Perkins Loans program has helped students struggling to find a way to pay for college in Wisconsin and all across the country. I’m pleased we could work with our colleagues across the aisle to extend this vital program for another year,” said Rep. Pocan. “I will continue to work tirelessly so the program is fully extended in the Higher Education Act to ensure students are able to access the federal financial aid they need to make college accessible.”
“We applaud Rep. Pocan for his bipartisan leadership in extending the Perkins Loan program. This program has provided thousands of students, many of them first generation, low interest loans to help finance their college education,” said Susan Fischer, Director of Financial Aid at UW-Madison. “We are grateful that this legislation will extend Perkins for another year and allow for the long term future of the program to be considered within the context of the next Higher Education Act.”
In June 2015, Rep. Pocan along with Rep. Messer (R-IN) introduced a resolution, with 50 co-sponsors, in support of the Perkins Loan Program. Earlier this month, Rep. Pocan led a press conference with Rep. Slaughter (D-NY), education advocacy organizations and students to urge Congress to reauthorize the program.
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