The following information on student debt is intended to provide context for the conversation about this important issue, particularly with respect to AAU institutions.
Letter commenting on the NPRM regarding borrower defenses to repayment published in the Federal Register on June 16, 2016.
The following letter includes comments on the Notice of Proposed Rulemaking (NPRM) regarding borrower defenses to repayment that was published in the Federal Register on June 16, 2016 (Docket ID ED-2015-OPE-0103). This comment letter addresses recommendations related to the NPRM’s provisions on borrower defenses to repayment. Comments on the NPRM’s changes to current financial responsibility standards will be addressed in a separate letter.
Education organizations offer their thoughts on the legislation to extend the Perkins Loan program proposed to the Senate.
Higher education associations write in support of S. 2432, the "Bank on Students Emergency Loan Refinancing Act."
Associations write in support of S. 1334, the Bipartisan Student Loan Certainty Act of 2013.
Associations write in support about H.R. 1911, the "Smarter Solutions for Student Act."
Letter to Senators Reid, Harkin, Reed, and Murray about the Student Loan Affordability Act of 2013, S. 953.
Organizations write about their views on H.R. 1911 the "Smarter Solutions for Student Act."
Report on rising college prices, stagnating incomes, and diminished asset values leading to perception that college is "unaffordable" for more and more people.