Schumer Takes Steps To Protect College Students
To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.
Then come back here and refresh the page.
New York Senator Charles Schumer announced yesterday that he is taking steps to protect college students and their families from the credit crunch.
The senior senator said he has asked Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to pay special attention to the student loan market as they carry out the government bailout plan.
He also wrote to every college president in New York asking those who do not participate in the federal direct loan program to consider enrolling.