Sending Office: Honorable Donna E. Shalala
Support Transparency & Efficiency in Student Loans
Student Loan Disclosure Transparency Act of 2019
Co-sponsors: Shalala, Gaetz,
Endorsed By: Association of American Colleges & Universities (AAC&U), National Association of Student Personnel Administrators (NASPA), HBCU Collective, American Association of Community Colleges (AACC), AdvancED,
The burden of student loans has unquestionably taken a toll on millions of American families.
Encouraging financially responsible practices as young people start their independent lives and apply for their first loans will help ensure students play an active role in their finances and promote lifetime financial literacy. The Department of Education,
The Student Loan Disclosure Transparency Act seeks to correct this by giving borrowers the opportunity to participate in their finances and understand the financial commitment of taking out student loans. Specifically, the bill
While we do need bold action to help those who are struggling with student loan debt, increased transparency and engagement in the student loan disclosure process will help current borrowers and future students alike.
For more information or to be added as a cosponsor, please contact Christofer Horta with Rep. Shalala at
Donna E. Shalala Matt Gaetz Chris Stewart
Jaime Herrera Beutler Ben McAdams Abigail Spanberger
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