Week Ending Friday, May 2, 2008

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Author: George W. Bush  | Date: May 1, 2008

Statement on Congressional Passage of Student Loans Access Legislation,
May 1, 2008

Earlier today Congress passed the "Ensuring Continued Access to Student Loans Act" with overwhelming bipartisan support. I am pleased by Congress’s swift action to address this vital issue. In particular, I want to thank the committee chairs and ranking members for their hard work. Millions of students around the country could potentially benefit from this important piece of legislation.

In order to ensure that Americans can continue to compete in the global marketplace, the Federal Government has an obligation to encourage and support people pursuing higher education. By granting the Department of Education greater authority to purchase Federal student loans, today’s action should ease the anxiety many students may feel about their ability to finance their education this fall. Thanks to quick and decisive action by my administration and the Congress, Federal student aid will be available in a more timely fashion.

Note: The statement referred to H.R. 5715.

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Chicago: George W. Bush, "Statement on Congressional Passage of Student Loans Access Legislation, May 1, 2008," Week Ending Friday, May 2, 2008 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 2, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:637 Original Sources, accessed November 30, 2023, http://www.originalsources.com/Document.aspx?DocID=8BE6NRHSDSCD6W8.

MLA: Bush, George W. "Statement on Congressional Passage of Student Loans Access Legislation, May 1, 2008." Week Ending Friday, May 2, 2008, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 2, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:637, Original Sources. 30 Nov. 2023. http://www.originalsources.com/Document.aspx?DocID=8BE6NRHSDSCD6W8.

Harvard: Bush, GW, 'Statement on Congressional Passage of Student Loans Access Legislation, May 1, 2008' in Week Ending Friday, May 2, 2008. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 2, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:637. Original Sources, retrieved 30 November 2023, from http://www.originalsources.com/Document.aspx?DocID=8BE6NRHSDSCD6W8.