“We applaud House passage of the FUTURE Act. It represents a bipartisan consensus that is always welcome but increasingly rare.
Most importantly, this legislation has tremendous benefits for students, families, and institutions. It permanently restores the annual appropriation of $255 million for minority serving institutions that expired Sept. 30, and also streamlines both the Free Application for Federal Student Aid (FAFSA) and the process borrowers use to repay income-driven student loans.
We ask that the Senate approve this important measure before the end of the year.”