Coalition Letter to President Biden Regarding Extending the Pause on Student Loan Payments
We, the undersigned 180 organizations, are writing to strongly urge your administration not to threaten the financial security of people with student debt as a tactic to fight inflation. Instead our organizations urge you to enact robust student debt cancellation that is not means tested and does not require an opt-in for participation and to fully implement this policy before any student loan bill comes due.
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Group Letter to HUD Regarding the Needed Loan Modification Enhancements to Address Rising Interest Rates
On behalf of the clients, communities, and neighborhoods we represent, we urge HUD to adopt enhancements to the FHA COVID-19 waterfall to address the impact of rising interest rates. The rate HUD uses to determine the interest rate for modified loans has increased by almost 2.5% over the last year. The higher interest rate directly limits the amount of relief borrowers can obtain through FHA’s waterfall, especially for those borrowers who currently have low rates.
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Group Letter Calling on President Biden to Cancel Federal Student Debt Immediately Via Executive action
The 529 undersigned community, civil rights, education, climate, health, consumer, labor, professional, food and farm, and student advocacy organizations write to urge you to strengthen the economy, tackle racial disparities, and provide much-needed relief to help all Americans weather the pandemic and record inflation by using executive authority to cancel federal student debt immediately.
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Letter to CFPB Regarding Rental Debt Survey of Legal Aid and Non-Profit Attorneys
Letter submitting a Policy Brief that presents the results of a survey of 82 legal aid and non-profit attorneys from 27 states and the District of Columbia who worked with consumers with alleged rental debt between June and August 2021. The vast majority (71%) of attorneys who represented consumers with rental debt pre-pandemic reported an…
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Group Letter from Over 200 Organizations to President Biden Urging Extension of the Pause on Student Loan Payments
207 organizations write to urge President Joe Biden to put a stop to a crisis in the making by extending the current pause on student loan payments. It is clear that payments should not resume until your administration has fully delivered on the promises you made to student loan borrowers to fix the broken student loan system and cancel federal student debt.
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