Some in Congress Understand, Firsthand, Impact of Loans

The California Association of Private Postsecondary Schools (CAPPS) is dedicated to spreading the word about the role of private post-secondary education and represents the many diverse kinds of schools in California. For more than 25 years, CAPPS has been actively engaged at all levels of government to ensure our members' voices are heard and our issues are addressed. With more than 300 institutions, CAPPS member schools are helping students of all ages, backgrounds and skill-levels achieve their dreams and secure stable employment. All CAPPS member schools and colleges are nationally or regionally accredited or approved-only.

Some in Congress Understand, Firsthand, Impact of Loans

Posted on February 12, 2013 by CAPPS

INSIDE HIGHER ED. FEBRUARY 11. 2013. Five U.S. senators and 41 members of the House of Representatives have student loan debt — and the total owed is more than $1.8 million, according to an analysis by the Center for Responsive Politics. The center used financial disclosure reports for its study. A similar study from disclosure reports filed in 2008 found that only 3 senators and 27 House members at that time reported student loan debt. Most of the current debt is for the lawmakers’ own educations, but some of the debt is in the form of loans for the parents of students, or co-signing the loans of children.