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CFPB Should Keep Speaking Loudly on Student Loans

December 09, 2014
by Deanne Loonin
The Wall Street Journal reported last week on the Consumer Financial Protection Bureau’s focus on problems in the student loan market.  The article highlighted the work of Rohit Chopra, “the […]
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Putting Some Teeth in Student Loan Servicing Reform

November 09, 2014
by Deanne Loonin
The National Consumer Law Center’s annual conference wrapped up this weekend.  We were honored to have a number of top federal student aid regulators at our conference this year.  We […]
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Deputy Secretary Raskin Speaks About the Importance of Student Loan Servicing and Collections

November 07, 2014
by Deanne Loonin
The National Consumer Law Center had the honor yesterday of hearing U.S. Treasury Deputy Secretary Sarah Bloom Raskin speak about the critical importance of student loan servicing and collection.  Specifically, […]
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The Abusive Student Loan “Debt Relief” Industry

October 14, 2014
by Deanne Loonin
Since we wrote our report on the student loan “debt relief” industry in 2013, we have unfortunately seen this industry grow and engage in even more abusive practices. We summarized […]
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Changing the Structure of Student Loan Servicing

October 07, 2014
by Deanne Loonin
Last month, the Department of Education announced new contract terms for its largest student loan servicers.  The Department made some important changes, but much more needs to be done. As […]
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The Best of Senator Harkin’s HEA Discussion Draft, Part 2: Restoring Rehabilitation Rights

August 21, 2014
by Deanne Loonin
We wrote in our March 2014 report about the critical importance of giving students more than one chance to succeed in college.  The reality is that most students do not […]
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The Best of Senator Harkin’s HEA Discussion Draft: Part 1, Relief for Private Student Loan Borrowers

August 19, 2014
by Deanne Loonin
Senator Harkin released draft proposals for Higher Education Act reauthorization in June.   As part of this process, Senator Harkin created an email address to receive feedback by August 29. […]
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Where Can Financially Distressed Borrowers Get Relief?

August 06, 2014
by Deanne Loonin
We wrote an open letter last year to private student lenders urging them to stop making excuses and start helping borrowers.   Unfortunately, not much has changed. There have been […]
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U.S. Senators Demand Information about Federal Student Loan Servicing

July 10, 2014
by Deanne Loonin
We issued a policy brief in June on student loan servicing.  We urged the Department of Education not to renew the current servicing contracts.  We said that borrowers and taxpayers […]
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New Rules for Loan Rehabilitation

June 28, 2014
by Deanne Loonin
We wrote earlier about a number of important changes to the federal student loan program. It took a long time, but it’s now almost July 1, the date when the […]
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Get Answers

  • Do you have Parent PLUS loans? Act now to lower your payments before options disappear.
  • New videos to help older people with student loan debt
  • What’s Happening with the SAVE Plan?
  • Big Bill Means Big Changes For Student Loan Borrowers: What You Need to Know
  • Student Loan Collections Are Back—Here’s What You Need to Know
  • Screenshot Your IDR Progress Today
  • Collection of Defaulted Student Loans to Begin Soon: What Borrowers Need to Know Now
  • IDR Application is Back Up
  • PART 2: The Current Impact on Borrowers of Lawsuits Challenging the SAVE Plan and the Removal of IDR Applications
  • PART 1: March 2025 Update on Lawsuits Challenging the SAVE Plan

View all FAQs

Recent Posts

Do you have Parent PLUS loans? Act now to lower your payments before options disappear.
Dec 01, 2025
New videos to help older people with student loan debt
Nov 25, 2025
What’s Happening with the SAVE Plan?
Oct 29, 2025
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