FYI: Senate Bill Encourages ED to Expand NSLDS

A recent Senate Labor HHS Education Appropriations bill, marked up and approved by the full Committee last week, includes language in the Committee Report encouraging the Department to look into expanding the National Student Loan Data System (NSLDS) to provide information on private education loans as well as federal.

Specifically, the Committee is encouraging the Department “to determine the steps necessary to expand the National Student Loan Data System, develop a new system or adopt or improve upon an existing system to ensure that borrowers have access to all of their student loan information, both Federal and private, in one central online location.”