[caption id="attachment_29400" align="alignleft" width="150" caption="Duncan said he has "a lot of confidence in the Senate leadership to step up" and pass the direct lending bill."]Duncan said he has "a lot of confidence in the Senate leadership to step up" and pass the direct lending bill.[/caption]

Responding to private lenders’ lobbying efforts against White House plans for direct federal loans, Education Secretary Arne Duncan said Feb. 17 that he trusts the U.S. Senate will pass the Student Aid and Fiscal Responsibility Act (SAFRA) and “end this boondoggle for banks.”

Five months after the U.S. House...

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