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Student Loan Borrower News
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CFPB Urged to Require Private Student Loan Modifications
April 10, 2013
With more than 850,000 private student loans currently in default and thousands of other borrowers struggling to make their payments, attorneys at the National Consumer Law Center (NCLC) are urging […]
Continue Reading →The Truth about Student Loans and the Bankruptcy Undue Hardship Discharge
April 04, 2013
We have testified and written about the urgent need to restore bankruptcy rights for student loan borrowers. A robust debate on this topic is certainly welcome, but it is critical to get the facts straight. […]
Continue Reading →Are there special protections against collection for military service members?
March 19, 2013
by Temp Author
Yes. In particular, the Service member Civil Relief Act gives relief to service members facing collection action. These protections cover lawsuits against active duty service members. Learn more.
Continue Reading →Update on Collection Agency Complaint Systems
March 14, 2013
by greenbee
In May 2012, the National Consumer Law Center’s Student Loan Borrower Assistance Project released Borrowers on Hold: Student Loan Collection Agency Complaint Systems Need Massive Improvement, focusing on major gaps […]
Continue Reading →Troubling Trends in Student Debt
March 08, 2013
by greenbee
Unfortunately, the bad news about student loan debt burdens keeps coming. The Education Sector recently highlighted a number of troubling trends, including: From 1994 to 2009: The percent of graduates […]
Continue Reading →New Self-Help Packet on Financial Hardship Claims (NOTE: THIS PACKET IS NO LONGER AVAILABLE)
February 28, 2013
by greenbee
Social Security helps give aging and disabled Americans peace of mind. No matter how destitute we become, Social Security is meant to give us some measure of confidence that we […]
Continue Reading →The CFPB Wants to Hear From You About Private Student Loan Debt Burdens and the Need for Relief
February 22, 2013
by greenbee
The Consumer Financial Protection Bureau (CFPB) is requesting information about ways to provide relief for private student loan borrowers. Comments must be received on or before April 8, 2013. This […]
Continue Reading →What We Don’t Know about the Costs of Student Loan Collection
February 15, 2013
by greenbee
More than two years have passed since the Department of Education pulled the private collection agency handbook off of its web site and as far as we can tell, the […]
Continue Reading →Improving the Assistance Network for Student Loan Borrowers
February 06, 2013
When we released our “Finding a Way Out” report five years ago, we were extremely concerned about the lack of reliable and affordable resources for financially distressed student loan borrowers. […]
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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