We are well into the Biden administration and approaching a pivotal time in his Presidency where all hope could be lost on an issue I care a lot about: student debt. We are facing the possible flipping of Congress, student borrowers are in constant flux–unaware of when their loan servicers will be unleashed on them in the midst of a broken repayment system… and I’m afraid. I, like the rest of us, am still waiting for a portion of federal student debt to be canceled, one of Biden’s biggest campaign priorities. And despite the chatter of this announcement being forthcoming, we’re still on standby.
Letters to the Administration: Letter Asking President Biden to Extend and Expand Access to PSLF and IDR Waiver
AFFEF joined a letter urging President Biden to extend, expand, and coordinate more closely the current Public Service Loan Forgiveness waiver and Income-Driven Repayment Adjustment in order to fulfill the promise of affordable and manageable loan repayment for borrowers.
Letters to the Administration: Letter Calling on President Biden to Extend the Student Loan Payment Pause
AFR joined a letter calling on President Biden to extend the payment pause on student loans until he cancels student debt.
AFR joined a letter to Congress in support of repealing taxation of Pell Grants.
This week the Department of Education announced that it will discharge all remaining federal student loans for borrowers who attended any campus owned or operated by Corinthian Colleges Inc. The relief will total $5.8 billion and cancel debt for 560,000 borrowers, without any additional action needed.
Letters to Regulators: Letter to Treasury to Halt Government Seizure of CTC, EITC and Social Security
AFR joined a letter to Treasury expressing concern that their practice of reducing or eliminating payments made in tax refunds to low-income families undermines the social safety net and threatens to push millions of children into poverty.
AFREF’s Consumer Policy Counsel Elyse Hicks testified at the Education Department’s negotiated rulemaking.
Letters to Regulators: 100+ Organizations Urge Biden Administration to Aid Millions of Student Loan Borrowers with Overdue Income-Driven Repayment (IDR) Reforms
AFREF joined over 100 organizations in a letter urging the Department of Education to implement Income-Driven Repayment (IDR) reforms through the creation of an IDR waiver.
Letters to Congress: Letter in Support of Student Loan Rehabilitation and Credit Score Improvement Act
AFR sent a letter to Congress supporting H.R. 6466, Representative Nikema Williams’ Student Loan Rehabilitation and Credit Score Improvement Act.
Letters to Regulators: Letter in Response to Request for Comment on Accrediting Agencies up for Review In February 2023
AFREF joined a letter in response to the Department of Education’s request for comment on accrediting agencies up for review in February 2023.