Department of Education Outlines Stronger Protections for Student Loan Borrowers in Default
NCLC and New America Foundation Applaud Protection of Social Security Benefits from Seizure to Collect Student Debt
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NCLC and New America Foundation Applaud Protection of Social Security Benefits from Seizure to Collect Student Debt
The Biden administration announced that it will provide $5.75 billion in relief to over 345,880 borrowers with outstanding loans borrowed to attend Ashford University, Drake College of Business, and schools owned by the Center for Excellence in Higher Education (CEHE).
Appearing in CNBC on November 2, 2024, Annie Nova talks to NCLC staff attorney Anna Anderson about the difficult process disabled borrowers face when navigating the student loan debt forgiveness process. “Even the borrowers who allegedly have access to it, it’s still very, very difficult for them to actually seek and receive a discharge.” Anna…
BOSTON – Today, the Department of Education announced it would be proposing new rules to provide relief to federal student loan borrowers based on financial hardship, consistent with the recommendations of a federal rulemaking committee. Kyra Taylor, staff attorney at the National Consumer Law Center and member of the rulemaking committee, issued the following statement…
NCLC and New America Foundation Identify Policy Solutions to Reduce the Impact of Student Debt on Older Adults
Read More about 3.5 Million Older Americans Have Over $125 Billion in Student Loans
BOSTON – Today, the Department of Education announced that it is taking another step forward on plans to provide federal student loan debt relief to millions of people by alerting borrowers of the potential for relief this fall and giving them an opportunity to opt out of relief. This step follows the Department’s proposal of…