SAFRA: Myths vs. Facts (updated 3.18.10)

(This post was updated on March 18, 2010.)

Investing in Students, Not Banks

The Student Aid and Fiscal Responsibility Act invests billions of dollars in students and families, at no costs to taxpayers. Not surprisingly, critics are using scare tactics to try to mislead the American public about this effort. They’re desperate to preserve the status quo – a system that for too long has favored banks at the expense of students and taxpayers.