House Speaker John Boehner (R-OH) today hailed the signing of H.R. 1911 – long-term, market-based student loan reform that first passed the House in May as part of Republicans’ Plan for Economic Growth and Jobs – as good news for students and their families: “With the stroke of a pen, we’ve now officially taken the politics out of student loans. By linking interest rates to markets, this law – part of the Republican jobs plan – means students will see lower rates and won’t have to worry about Washington suddenly making it harder to pay for their education. This is a good day, and a fine example of what we can accomplish when we reject petty partisanship and seize on common ground.” NOTE: The final student loan reform legislation President Obama signed today is largely similar to the Smarter Solutions for Students Act, the original House-passed bill introduced by House Education & the Workforce Committee Chairman John Kline (R-MN) and Rep. Virginia Foxx (R-NC. See more at: http://www.speaker.gov/press-release/long-term-market-based-student-loan-reform-now-law#sthash.cESOCV6L.dpuf
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