September 3, 2024 — Featured News

Appearing in Forbes on September 3, 2024, Adam S. Minsky quotes NCLC’s brief.

“Since the Secretary promulgated regulations clearly interpreting the HEA to provide for cancellation of any remaining balance upon completion of the ICR repayment period more than 30 years ago, Congress has never repudiated that interpretation,” notes NCLC in its brief. “To the contrary, the only significant amendment to the ICR provisions of the HEA reaffirmed that interpretation” by creating the IBR plan in 2009, and then passing further improvements to IBR in 2010.

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