This letter was sent to Rep. Rick Larsen in strong of H.R. 4643, the Bereaved Borrowers' Bill of Rights Act of 2014. By providing transparency to the release process and giving borrowers real options in the event of a death, the bill would help borrowers understand and meet their obligations while ensuring that they are not unduly harmed by circumstances beyond their control.
Along with ACE, associations signing the letter include:
American Association of Community Colleges
American Association of State Colleges and Universities
National Association of Independent Colleges and Universities