The ADA is working with lawmakers, education leaders, dental students, and others to help mitigate the alarming levels of educational debt that new dentists face after graduating dental school. This includes reforming parts of the Higher Education Act of 1965, which provides the statutory authority for most federal student loan programs to operate, including those most widely used by dental students.
- Lower the interest rates on federal Direct Unsubsidized Stafford Loans.
- Reinstate eligibility for graduate and professional degree students to use federal Direct Subsidized Stafford Loans to finance their graduate education.
- Permit federal graduate student loans to be refinanced more than once so that new dentists can take advantage of lower interest rates when economic conditions are more favorable.
- Halt the accrual of interest while a student is completing an internship or residency and cap total amount of interest that can accrue overall.
- Extend the period of deferment until after new dentist has completed his or her medical/dental internship or residency.
- Simplify and add more transparency to the federal graduate student loan application process.
- Remove the barriers that prohibit those with private graduate student loans from taking advantage of federal student loan forgiveness/service payback programs.
- Encourage institutions of higher education and lenders to offer training to help students make informed decisions about how to finance their graduate education.
The Association's priorities are based on the major policies and positions (PDF) (Members Only) adopted by the ADA House of Delegates.
115th Congress (2017-2018)
- March 24, 2017—Coalition letter (PDF) urging the House Committee on Education and the Workforce to address several key issues in legislation to reauthorize the student assistance provisions (Title IV) in the Higher Education Act of 1965.
- March 24, 2017—Coalition letter (PDF) urging the House Committee on Education and the Workforce to favorably report H.R. 1614, the Student Loan Refinancing Act.
The Association's positions are based on the major policies and positions (PDF) (Members Only) adopted by the ADA House of Delegates.
Related stories from the dental profession's most widely read news source, ADA News.
ADA Student Loan Refinancing Program
As an exclusive benefit to ADA members only, the ADA negotiated a 0.25% reduction on your rate. Whatever rate you qualify for, your rate will be 0.25% lower for the life of the loan as long as you are an ADA member.
Click here to learn more about the ADA Student Loan Refinancing Program.
Prepared by: Division of Government and Public Affairs
Last Updated: March 24, 2017