Legislation sponsored by Senate Republican Leader Tom Kean Jr. and Senator Robert Singer to assure that New Jersey families understand student loan rates, schedules, debt and defaults was passed unanimously by the full Senate and heads to Gov. Christie for consideration.
“High school juniors and seniors pursue college with great anticipation and understandable anxiety,” said Kean (R-Union). “Students, parents and guardians are rightly concerned with finding the right schools, visiting campuses and preparing to live on their own. It is just as important for them to fully understand the substantial short- and long-term costs of collegiate investments.”