New Student Loan Repayment Rules Mean Higher Bills and More Time in Debt for Lowest Income Borrowers
On a Positive Note, Rules Ease Pathway for Borrowers To Get Out of Default
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On a Positive Note, Rules Ease Pathway for Borrowers To Get Out of Default
Appearing in NerdWallet on April 1, 2026, Elin Johnson talks to Kyra Taylor, staff attorney at NCLC about how Parent PLUS loans will face new restrictions, as part of an overhaul of the student loan landscape. “Borrowers often don’t realize that the government has extensive power to collect what you owe if you default on…
Read More about NerdWallet: Parent PLUS Loan Limits: Guide to Borrowing Changes in 2026
Appearing in The New York Times on March 20, 2026, Stacy Cowley talks to Kyra Taylor, staff attorney at NCLC, about recently released data from the Education Department, which showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans. “The last thing student loan borrowers…
Originally appearing in the Associated Press on March 19, 2026, Collin Binkley talks to Kyra Taylor, staff attorney at NCLC, about the U.S. Education Department’s decision to hand off a portion of its student loan portfolio to the Treasury Department. Student loan advocates condemned the move, saying it only adds to confusion as the Trump administration overhauls…
Borrowers Enrolled in SAVE Plan Must Apply for a New Plan and Brace for Increased Monthly Payments
A year of policy changes, amid soaring cost of living, is wreaking havoc on student loan borrowers
Appearing in U.S. News & World Report on March 13, 2026, Greg Garrison talks to Abby Shafroth, managing director of advocacy at NCLC about how a federal appeals court dealt a fatal blow to the most affordable federal student loan repayment plan, starting a countdown clock for more than 7 million borrowers to transition into…
Report Shows Scaled Back Oversight of Student Loan Servicers, Increasing Risks of Servicing Errors
Student Loan Borrowers Could See Monthly Bills Quadruple Following Department of Education Settlement
Read More about Elimination of SAVE Plan Puts More Than 7 Million Borrowers in Financial Peril
Appearing in CNBC on March 2, 2026, Kamaron McNair and Annie Nova talk to Abby Shafroth, managing director of advocacy at the National Consumer Law Center, about how a federal judge declined the Trump administration’s request to end the SAVE student loan repayment plan. Shafroth called on the Education Department to restore access to SAVE’s…
Read More about CNBC: What student loan borrowers need to know about judge’s ruling on SAVE plan
With new rules for student loans scheduled to go into effect this summer that could radically increase borrowers’ monthly payments, the Department of Education must take steps to protect borrowers from devastating consequences.
Court Rejects Department of Education’s Request to Approve Proposed Settlement That Would End SAVE Plan and Dismisses Case