William D Ford Federal Direct Loan Program

Written by Mark Sanfilippo
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Many students make use of the William D. Ford Federal Direct Loan program, but few if any, actually know who William D. Ford was. William D. Ford was a man who is universally known for standing up for families and their right to a good education and adequate healthcare. William D. Ford was, in short, a champion of the people.

William was a Democratic representative from Michigan, and he served in Congress for 30 years. He was also chairman of the Civil Service Committee, the Post Office, and the Education and Labor Committee. His passion was for the everyday Americans and his fight for them was apparently tireless.

In his very first year in Congress, William sponsored the 1965 Elementary and Secondary Education Act. This was an act that gave aid specifically to financially challenged school districts, and it was a part of Lyndon Johnson's War on Poverty. That was his first year in Congress, and it was literally just the beginning for William.

An Equalizing Loan Program Named in His Honor

Though William D. Ford didn't come up with the Direct Loan program, those who did found it fitting to name it in his honor. This was done as a simple acknowledgment of his accomplishments in the arena of education and poverty reduction. Today the William D. Ford Direct Loan program stands as one of the best ways for financially challenged students to cross the economic barrier that would otherwise keep them from earning a college degree.

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