Washington, D.C. – Congressman Tom Rice (SC-07) applauded the passage today of H.R. 4984, the Empowering Students Through Enhanced Financial Counseling Act, which increases awareness for students and families participating in the federal loan program: 

“Today’s college graduates are stressed," said Congressman Rice. "Given the dismal job market, students who take on steep student loan debt could easily become trapped in a horrible financial situation.  This bill gives our students the financial counseling and tools they need to responsibly prepare for their futures.”