STATEMENT OF SENATOR EDWARD M. KENNEDY ON STATE ATTORNEYS GENERAL SUPPORT FOR SUNSHINE ACT

WASHINGTON, D.C—Today, Senator Edward M. Kennedy released the following statement inresponse to the letter sent by 32 state attorneys generals in support of the Student LoanSunshine Act. Kennedy is the author of the Act and components of it will be discussedtomorrow at the Health, Education, Labor and Pensions Committee executive session. “I very much appreciate the letter signed by 32 state attorneys general in support of theStudent Loan Sunshine Act. Investigations by these state law enforcement officers haveuncovered back-room deals between lenders and schools, conflicts of interest, and waste oftaxpayer dollars. Their oversight has played an essential role in highlighting the need forsystemic, industry-wide reform. I hope that my Senate colleagues will heed the advice ofthese attorneys general and join with me in passing the key elements of the Student LoanSunshine Act, which we’ve incorporated into the higher education reauthorization bill ourCommittee will be considering tomorrow.” ###