In a bold editorial today, The New York Times threw its support behind the Student Aid and Fiscal Responsibility Act (SAFRA), which was passed by the House Education and Labor Committee yesterday. Despite bi-partisan support for the bill in committee, many Republicans in Congress and in the Senate are gearing up to fight tooth and nail to defeat the bill and protect the interests of banks and student loan companies. As the Times says in the editorial:

“The arguments for passing this bill and ending the subsidy program are powerful. But the Republican leadership has distorted the debate by describing the bill as a plan for pushing private capital out of student lending. It would be more accurate to describe it as a plan for pushing corporate welfare out of student lending.”

Read the full editorial here, and then take action to tell Congress why we need to pass SAFRA now!