WASHINGTON, DC – U.S. Congressman Pete Sessions (R-TX), Chairman of the House Rules Committee, today released the following statement regarding passage of H.R. 1911, the Smarter Solutions for Students Act of 2013:
“Currently, student loan interest rates are dictated by short-term political fixes, which unnecessarily create volatility in an already complicated market. Today the House approved legislation that will strengthen our federal student loan programs and provide long-term predictability to students, borrowers, and taxpayers.