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Student Loans

Education has never been as important to America’s economic health as it is now. Without student loans many of our nation’s undergraduate and graduate students would be unable to pursue a higher education, inhibiting our nation’s innovation and technological advances. However, thanks to student loans, more students can graduate with a college degree and improve both their quality of life as well as that of future generations. Below is a set of materials related to student loan issues of interest to AAU institutions.

 

Learn more about the student loan interest deduction (SLID) and why it's important.
AAU and 19 other associations wrote to the Education Department to comment on the proposed final rule on borrower defenses to repayment. The letter outlines several concerns and says that as drafted, the proposed rule “would make asserting a successful claim functionally impossible.”
AAU President Coleman writes to ask that lawmakers use HEA reauthorization as an opportunity to expand higher education access and affordability for America’s students in this blog post.
AAU wrote to House Ways and Means Committee Chairman Kevin Brady (R-TX) and Ranking Member Richard Neal (D-MA), urging them to include H.R. 795, the Employer Participation in Student Loan Assistance Act, in any upcoming tax package.
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."
AAU submitted recommendations on reauthorization of the Higher Education Act (HEA) to Chair and Ranking Member of House Education and Workforce Committee.