Commission Pulls Private Loan Proposal

Great news: Weve just learned that the misguided private loan proposal has been deleted from the Commission on the Future of Higher Education's draft report. A revised version of the report no longer recommends pushing middle-class students into risky private loans. And it happened just in time: the Commission meets in Washington, D.C., tomorrow (August 10) for what is probably the last time before issuing its final report.

Thanks to so many of you who emailed the Commission and shared your personal experiences with private loans. Thanks also to the other organizations that urged the Commission to withdraw the recommendation.