Publication Date: November 20, 2008
Author: James Manning, Acting Chief Operating Officer, Federal Student Aid
Summary: Letter from Education Secretary Margaret Spellings regarding continued implementation of the Ensuring Continued Access to Student Loans Act of 2008.
Posted on 11-20-2008
Attached to this announcement is a copy of a letter from Secretary of Education Margaret Spellings providing information on how the Department of Education will use the Secretary's existing authority to purchase 2007-2008 FFEL Program loans to address issues of liquidity in the student loan market.