Statement From President Diann Woodard On Student Loan Bill Becoming Law

President Obama signed the Bipartisan Student Loan Certainty Act of 2013 into law today. While this is a step in the right direction for Congress, the newly passed interest rates are not locked in and can freely move with the market.

We urge Congress to find a better solution to this temporary fix, one that includes a low, fixed rate to protect students from high interest rate environments. Long-term policy must be put in place to ensure that higher education is affordable and accessible to all students.