2025 Consumer Protection Federal Priorities
NCLC will pursue common-sense regulatory and legislative reforms to ensure fairness, fight fraud, and protect consumers in 2025.
Search Results
-
-
The Growing Impact of Student Loan Debt on Older Adults
A new fact sheet from NCLC and the New America Foundation examines the problem and provides policy solutions to protect the financial security of older adults with student loan debt.
Read More about The Growing Impact of Student Loan Debt on Older Adults
-
Delivering Distress to Borrowers in Default
This paper starts by grounding readers in the consequences of student loan default, who is in default and why, and why so many borrowers remain in default for years. It then identifies legal authority, under existing regulations, that empowers the Secretary of Education to compromise student loan debts and so end collection from defaulted borrowers where such efforts would be futile or unreasonable. Now—before the suspension of federally-held student loan collection ends next year—is the time to act on that authority.
-
Chapter Summary on Helping Older Borrowers Navigate the Changing Federal Student Loan System
This Chapter Summary explains how older borrowers can prepare for when the federal student loan repayment pause ends. This Chapter Summary accompanies a presentation Kyra Taylor, Abby Shafroth, and Alpha Taylor did for the National Center on Law and Elder Rights on March 28, 2023.
-
Get Up to $20,000 of Your Student Loans Canceled
On August 24, 2022, President Biden announced widespread student debt cancellation. If you received a Pell grant, you may be able to get up to $20,000 in your loans canceled. If you didn’t receive a Pell grant, you may still be able to get up to $10,000 in loans canceled.
Read More about Get Up to $20,000 of Your Student Loans Canceled
-
