Latest Student Loan News

Looking Back at 2011

It seems that we were just looking back at 2010….and yet another year has passed.  As we get ready for a holiday vacation at Student Loan Borrower Assistance Project, we offer […]
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Operational Breakdowns at the Department of Education

A December 2011 article in the Chronicle of Higher Education reveals numerous problems with the Department of Education’s online system for managing student loans. Unfortunately, this is not news to […]
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Gaps in State Oversight of For-Profit Higher Education

NCLC released a report today, “State Inaction:  Gaps in State Oversight of For-Profit Higher Education.”  The report examines state oversight of for-profit schools, focusing on state regulatory structures and the […]
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CFPB Seeks Comments on Private Student Loan Market

The Consumer Financial Protection Bureau (CFPB) announced today that it is seeking comments about the private student loan market.  The Bureau wants to hear from everyone: borrowers, their families, current […]
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Obama Administration’s Student Loan Proposals

President Obama announced a plan this week to help alleviate student loan burdens.   The President’s plan shows that the Administration is hearing the voices of struggling student loan borrowers.  It is […]
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State Relief for Proprietary School Abuses

State tuition recovery funds (STRFs) can be a valuable source of relief for defrauded students when a school is insolvent and when the student cannot obtain a federal discharge. STRFs […]
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Measuring the Impact of Financial Literacy Programs

We wrote previously about the dangers of promoting financial literacy efforts INSTEAD of regulating abusive credit products and INSTEAD of providing relief for financially distressed student loan borrowers.   We noted the […]
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Profits and Education: What About the Students?

Joe Nocera wrote in the New York Times last week that profits and education shouldn’t have to be such an ugly combination.  Nocera notes that defenders of the for-profit higher […]
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New Unemployment Deferment Self-Help Packet (NOTE: This packet is no longer available)

NCLC’s Student Loan Borrower Assistance Project posted a new self-help packet this week.  The unemployment deferment packet helps borrowers figure out whether they are eligible  for this deferment and if so, […]
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