Texas 2009 - 81st Regular

Texas Senate Bill SCR73 Compare Versions

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1	1	S.C.R. No. 73
2	2
3	3
4	4	SENATE CONCURRENT RESOLUTION
5	5	WHEREAS, In 1965, President Lyndon B. Johnson signed into law
6	6	the Higher Education Act establishing the Guaranteed Student Loan
7	7	Program; although this program has undergone many changes through
8	8	the years, including the adoption of a new name, the Federal Family
9	9	Education Loan Program, it has consistently served the State of
10	10	Texas as the most important method of delivering financial aid to
11	11	students and families; and
12	12	WHEREAS, The Texas Guaranteed Student Loan Corporation,
13	13	established as the state's guarantor in 1979, has delivered nearly
14	14	14 million loans to students and families at no cost to the state;
15	15	these loans, exceeding $63 billion, represent approximately
16	16	two-thirds of the direct financial aid awarded to Texas students
17	17	pursuing their educational goals; the Federal Family Education Loan
18	18	Program has not only provided loans but also created many jobs in
19	19	the state, and it has become a significant economic engine through
20	20	its focus on education completion and job creation; as the need for
21	21	an educated workforce has increased in Texas, this public-private
22	22	partnership has been at the forefront of education financing; and
23	23	WHEREAS, The not-for-profit and for-profit lenders in the
24	24	Federal Family Education Loan Program have led in educational
25	25	outreach efforts to the state's most disadvantaged populations
26	26	through programs that seek to encourage academic achievement,
27	27	promote financial literacy, and provide information on making
28	28	college affordable; such assistance has enabled more Texans to
29	29	fulfill their goals of achieving a better life, while enriching the
30	30	state in the process; and
31	31	WHEREAS, The Federal Family Education Loan Program ranks as
32	32	the most successful and popular education loan program in the state
33	33	and nation; in Texas, more than 94 percent of student loan dollars
34	34	are delivered through the program and over 85 percent of secondary
35	35	education institutions have chosen to participate in the program;
36	36	nationally, more than 81 percent of student loan dollars are
37	37	delivered through the program; and
38	38	WHEREAS, For over four decades, the Federal Family Education
39	39	Loan Program has promoted local participation in the education of
40	40	our citizens, and this successful partnership between government
41	41	and the private sector serves a vital function in delivering
42	42	financial aid to Texas citizens and making significant
43	43	contributions to our economy; now, therefore, be it
44	44	RESOLVED, That the 81st Legislature of the State of Texas
45	45	hereby respectfully urge the United States Congress to maintain the
46	46	Federal Family Education Loan Program and continue to refine and
47	47	improve this crucial public-private partnership; and, be it further
48	48	RESOLVED, That the Texas secretary of state forward official
49	49	copies of this resolution to the president of the United States, to
50	50	the speaker of the house of representatives and the president of the
51	51	senate of the United States Congress, and to all the members of the
52	52	Texas delegation to Congress with the request that this resolution
53	53	be officially entered in the Congressional Record as a memorial to
54	54	the Congress of the United States of America.
55	55	______________________________ ______________________________
56	56	President of the Senate Speaker of the House
57	57	I hereby certify that S.C.R. No. 73 was adopted by the Senate
58	58	on May 26, 2009, by a viva-voce vote.
59	59	______________________________
60	60	Secretary of the Senate
61	61	I hereby certify that S.C.R. No. 73 was adopted by the House
62	62	on June 1, 2009, by the following vote: Yeas 140, Nays 1, one
63	63	present not voting.
64	64	______________________________
65	65	Chief Clerk of the House
66	66	Approved:
67	67	______________________________
68	68	Date
69	69	______________________________
70	70	Governor