Supporters of the Federal Family Education Loan program are maneuvering to save it as Congress moves forward with budget resolutions that would set spending goals based on President Obama's proposed fiscal 2010 budget, which calls for FFEL's elimination.

On Tuesday, a bipartisan group of 18 state treasurers wrote to Obama arguing that since the program's inception in 1965 it has "helped millions of students attend college" and "is a good example of how the federal government can work with states, nonprofit organizations, and the private sector to extend the reach of higher education."

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