BOSTON – Today, the Department of Education announced it would be proposing new rules to provide relief to federal student loan borrowers based on financial hardship, consistent with the recommendations of a federal rulemaking committee. Kyra Taylor, staff attorney at the National Consumer Law Center and member of the rulemaking committee, issued the following statement…
NCLC will pursue common-sense regulatory and legislative reforms to ensure fairness, fight fraud, and protect consumers in 2025.
NCLC and New America Foundation Identify Policy Solutions to Reduce the Impact of Student Debt on Older Adults
Read More about 3.5 Million Older Americans Have Over $125 Billion in Student Loans
A new fact sheet from NCLC and the New America Foundation examines the problem and provides policy solutions to protect the financial security of older adults with student loan debt.
Read More about The Growing Impact of Student Loan Debt on Older Adults
Learn how to navigate repayment, Public Service Loan Forgiveness, and disability discharge. Topics include: student loan repayment options, loan forgiveness, income-driven repayments plans, disability discharge, and more.
Watch Recording Read More about Navigating Student Loan Repayment: Military and Veteran Borrowers
This group letter urges the Department of Education to take action to protect federal student loan borrowers from harm caused by the SAVE litigation’s large-scale disruption of the student loan repayment system, which has led to a temporary removal of online repayment plan applications and an extended pause in processing applications to consolidate loans or…
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