NCLC Launches New Video Series for Student Loan Borrowers
Videos explain borrowers’ repayment options as rapid changes in policy, funding create confusion.
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Videos explain borrowers’ repayment options as rapid changes in policy, funding create confusion.
Read More about NCLC Launches New Video Series for Student Loan Borrowers
National Consumer Law Center Releases Fact Sheets Detailing How Shrinking Borrower Defense and the Closed School Discharge Student Loan Relief Programs Would Hurt Millions of Borrowers
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).
The Student Loan Toolkit explains the basics of the student loan system, how to assess your own student loan situation, and your options for managing your student loan debt.
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August 30, 2022 Student Defense, NCLC, Lawyers’ Committee Issue Statements on Department of Education Granting Debt Relief to 79,000 Former Students of For-Profit Westwood College Today, the U.S. Department of Education issued a final decision granting relief to roughly 79,000 former students at Westwood College. In response, Student Defense, the National Consumer Law Center, and…
August 16, 2022 WASHINGTON – National Consumer Law Center advocates applaud the Department of Education’s decision today to discharge $3.9 billion of debt for 208,000 borrowers who attended all ITT Technical Institute campuses between January 1, 2005 and until its closure in 2016 and about 100 borrowers who attended Kaplan Career Institute in Massachusetts. “The…
June 23, 2022 Settlement may restore faith in borrower defense process, though barriers to relief remain WASHINGTON – Today advocates from the National Consumer Law Center applauded the proposed settlement agreement in the class action lawsuit Sweet v. Cardona, which challenged the U.S. Department of Education’s failure to provide timely decisions on borrower defense applications…
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June 8, 2022 A new report from CLASP and NCLC explores debt cancellation and other measures to reduce the harmful impact of disproportionate student loan debt on Black borrowers WASHINGTON – A new report from the Center for Law and Social Policy (CLASP) and the National Consumer Law Center (NCLC) highlights the disproportionate impact of…
June 2, 2022 WASHINGTON – Today, the U.S. Department of Education announced that it would cancel the federal student loans of over 560,000 people who attended Heald College, Everest Institute, or WyoTech, schools owned by the shuttered for-profit Corinthian Colleges. Kyra Taylor, staff attorney at the National Consumer Law Center, praised this decision and said:…
May 19, 2022 Advocates aim to secure relief for former Westwood College students WASHINGTON – A group of student, consumer advocacy, and civil rights organizations today filed a lawsuit against U.S. Education Secretary Miguel Cardona and the Department of Education on behalf of former Westwood College students who have been waiting nearly six years for…
April 28, 2022 WASHINGTON – Today, the Department of Education (ED) announced approval of a $238 million group discharge for 28,000 federal student loan borrowers harmed by “pervasive and widespread misconduct” at Marinello Schools of Beauty. In response, Kyra Taylor, staff attorney at the National Consumer Law Center, issued the following statement: “Today’s actions could…
April 6, 2022 WASHINGTON – Today, in response to the Department of Education’s announcement that it will extend the student loan payment pause through August 31 and that it will remove federal student borrowers from default and give them a fresh start in repayment when the pause ends, Abby Shafroth, interim director of the National…