Endorsements & Comment Letters

EFC Comment Letter to Sens. Baldwin (D-WI) and Moore Capito (R-WV) urging them to include a one-year extension of Account Maintenance Fees paid to state and nonprofit guaranty agencies in FY 2025 Appropriations legislation.

EFC Comment Letter to Reps. Aderholt (R-AL) and DeLauro (D-CT) urging them to include a one-year extension of Account Maintenance Fees paid to state and nonprofit guaranty agencies in FY 2025 Appropriations legislation.

EFC Endorsement Letter to Sens. Grassley (R-IA), Smith (D-MN), and Ernst (R-IA), and Reps. Foxx (R-NC), Kim (R-CA), Krishnamoorthi (D-IL), Gottheimer (D-NJ), and McClain (R-MI) supporting two bills: the Understanding the True Cost of College Act and the College Cost Transparency and Student Protection Act. EFC urges the elected officials to work together to develop compromise legislation that reforms financial aid offers to make the college shopping process more transparent for students and their families.

EFC Comment Letter to Sens. Sanders (I-VT) and Cassidy (R-LA) and Reps. Foxx (R-NC) and Scott (D-VA) urging them to come together and work with their colleagues to pass a bipartisan and bicameral Higher Education Act reauthorization bill this Congress.

EFC Endorsement Letter to Reps. Grothman (R-WI), Tenney (R-NY), LaMalfa (R-CA), Tiffany (R-WI), and Owens (R-UT) expressing support for the Responsible Borrowing Act, which allows colleges and universities to prorate or limit the amount of federal student loan debt an enrolled student may borrow based on certain factors like academic program and enrollment status, among others.

EFC Endorsement Letter to Sens. Klobuchar (D-MN), Braun (R-IN), Duckworth (D-IL), Collins (R-ME), Feinstein (D-CA), Manchin (D-WV), Heinrich (D-NM), and Reps. Wittman (R-VA) and Spanberger (D-VA) expressing support for the Freedom to Invest in Tomorrow's Workforce Act, which allows students to use 529 plans to cover costs associated with obtaining postsecondary education workforce certifications.

Joint Trade Association Letter to the Consumer Financial Protection Bureau on its Statement of Policy Regarding Prohibition on Abusive Acts or Practices.

EFC Advocacy Letter to President Biden and congressional leaders recommending the executive and legislative branches implement certain policies to assist federal student loan borrowers with the transition back into repayment.

Trade Association Letter responding to the U.S. Securities and Exchange Commission's proposed rule on the Prohibition Against Conflicts of Interest in Certain Securitizations (Release No. 33-11151).

EFC Endorsement Letter to Sens. Grassley (R-IA), Smith (D-MN) and Ernst (R-IA) expressing support for the Know Before You Owe Federal Student Loan Act, which strengthens current federal student loan counseling requirements.

Joint Trade Associations Letter to the Office of Federal Student Aid encouraging the agency to provide borrowers and servicers the resources and guidance necessary to transition federal student loans back into active repayment status.

Joint Trade Associations Letter to the Department of Education in response to the Notice of Proposed Rulemaking on improving income-driven repayment plans.