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What Happens Now: A Post Election Message
November 17, 2016
by Ella Halpine
Since the election of Donald Trump for President, we have heard from many people asking us, “what does this mean for student loan borrowers.” The honest answer is that we […]
Continue Reading →Education Department’s New Rules Provide a Clearer Path to Relief for Borrowers Harmed by their School, But Real Impact Will Depend on How the Department Implements the Rules
October 31, 2016
On Friday, the U.S. Department of Education announced final regulations to protect federal student loan borrowers and taxpayers against closures and misconduct by predatory schools like we saw with the […]
Continue Reading →CFPB Report Shows Borrowers Still Struggle After Student Loan Rehabilitation
October 17, 2016
by Ella Halpine
The Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report today estimating that over a third of borrowers who rehabilitate their loans will re-default within the first two […]
Continue Reading →Update: Stop Taking the EITC to Pay for Defaulted Student Loan
October 13, 2016
by Ella Halpine
This week, the National Consumer Law Center updated its policy brief highlighting the need to end the seizure of Earned Income Tax Credits (“EITC”) from defaulted federal student loan borrowers. […]
Continue Reading →Student Loan Relief for ITT Students Part 2: Answers to Common Questions about Closed School Discharges
October 06, 2016
The rules around closed school discharges can be confusing—for students and for those trying to assist them—and good information can unfortunately be hard to find. We have heard that a […]
Continue Reading →Sen. Warren to Department of Education: Why Are You Seizing Money from Defrauded Corinthian Borrowers?
September 29, 2016
by Ella Halpine
This morning, U.S. Senator Elizabeth Warren sent a scathing letter to the U.S. Department of Education highlighting some troubling data about the way that the Department treated Corinthian Colleges borrowers […]
Continue Reading →Student Loan Relief for ITT Students Part I: Two Options for Students Unable to Complete Their Programs
September 28, 2016
On September 6, 2016, ITT announced that it was closing its campus doors, leaving tens of thousands of students across the country in the lurch. ITT students everywhere are figuring […]
Continue Reading →You can now complain to the CFPB about your federal student loans (and you should!)
August 23, 2016
by Ella Halpine
Last week, the Consumer Financial Protection Bureau’s (“CFPB”) Student Loan Ombudsman released its midyear report analyzing complaints submitted directly by consumers about their student loans. Importantly, the CFPB’s Student Loan […]
Continue Reading →Education Department Needs to Take a Deeper Look at Race and Student Loan Defaults
August 18, 2016
by Ella Halpine
Yesterday, NCLC and 39 others sent a letter to Secretary John King demanding that the Department of Education look at its loan data to determine the impact that student loan […]
Continue Reading →More Updates & News
Important Note: On June 24, 2024, two court decisions temporarily blocked parts of the SAVE Plan from taking effect. These decisions may change borrowers’ rights and access to certain benefits, including repayment plans. We will update this website with more details on how this will impact borrowers soon. Visit here for more information.
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