| Higher education
can be a stepping stone to financial independence. Unfortunately, the
vast majority of low-income consumers cannot afford college or vocational
training without taking out loans or grants. The problem: Many of these
students attend poor quality vocational schools. Others get in way over
their heads in debt. Still others cannot complete their coursework, often
due to financial pressures. Unable to pay back their loans, they end up
facing the government’s vast collection powers.
Advocates working on behalf of low-income consumers should be aware of
the many rights and remedies available to challenge student loan collections.
There is almost always something to be done to help a client with student
loan problems.
The National Consumer Law Center advocates on behalf of low-income students
in a variety of ways, including: |
and NCLC