Passing the College Cost Reduction Act of 2007
After Senators and members of Congress returned from August recess, students and student advocates were hopeful that both chambers had hammered out a new and final policy to help solve the problem of deep student loan debt. The process unfolded quickly – within two days, the House and Senate Education committees pulled together a joint press event with the Student PIRGs and coalition partners to announce final passage of the College Cost Reduction and Access Act of 2007.