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Schumer pushes to restore Perkins loan program

Nov 03, 2015 6:07 am
Keshia Clukey is reporting at Politico New York the expiration of the federal Perkins Loan Program could prevent nearly 60,000 New York students from going to college, Sen. Charles Schumer said at a news conference held at the University of Albany, Mon., Nov. 2. The U.S. Senate allowed the roughly $1.7 billion financial aid program to expire Sept. 30. The House of Representatives unanimously approved an extension of the program. Perkins provides low-interest loans to students who cannot borrow or afford private student loans. On Monday, Schumer urged the Senate to immediately reauthorize the program. Schumer said, “It’s this type of stuff that has people scratching their heads and saying, ‘What the heck is going on in Washington?'” Schumer said he will continue to fight to have the program renewed. He also urged students to write letters, send emails and tweets to their congressional representatives. Read the full story at Politico New York.