A picture of Representative Tom Latham
Tom L.
Former Republican IA 3
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    Continuing Appropriations Resolution, 2014

    by Former Representative Tom Latham

    Posted on 2013-12-12

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    LATHAM. Mr. Speaker, I yield to the gentleman from Vermont (Mr. Welch).

    Mr. WELCH. Mr. Speaker, I rise to enter into a colloquy with the gentleman from Wisconsin regarding the not-for-profit student loan servicing provisions in the Bipartisan Budget Act of 2013.

    Is it your understanding and intent that the not-for-profit servicing provision in this act does not require the termination of the existing Federal loan servicing contracts of any not-for-profit servicers who are currently servicing Federal loans? And is it the further understanding and intent of the gentleman from Wisconsin that the Education Department will continue to enter into contracts with not-for-profit servicers based on their performance? Mr. RYAN of Wisconsin. Mr. Speaker, will the gentleman from Iowa yield? Mr. LATHAM. I yield to the gentleman.

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