Skip Ribbon Commands
Skip to main content

Letter in Support of the Protecting Students From Automatic Default Act of 2014

 Email  Share  Print

Letter in Support of the Protecting Students From Automatic Default Act of 2014

April 30, 2014

This letter was sent to Rep. Tim Bishop (D-NY) in support of his bill to curb abuses in the private student lending market. As highlighted by the Consumer Financial Protection Board, the practice of demanding immediate, full repayment of a student loan upon the passing or bankruptcy of a cosigner, regardless of the previous status of the loan, poses a significant undue burden to borrowers.

Along with ACE, associations signing the letter include:

  • American Association of Collegiate Registrars and Admissions Officers
  • American Association of Community Colleges
  • American Association of State Colleges and Universities
  • Association of American Universities
  • Association of Community College Trustees
  • Association of Jesuit Colleges and Universities
  • Association of Public and Land-grant Universities
  • Council for Christian Colleges & Universities
  • Council for Higher Education Accreditation
  • Council for Opportunity in Education
  • National Association of Independent Colleges and Universities
  • National Association of Student Financial Aid Administrators

More on