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   Media Contact:

   Jan Kruse
   Director of Communications
   jkruse (at) nclc.org
   (617) 542-8010

NCLC in the News

Select media clips. Journalists interested in speaking with an expert at the National Consumer Law Center should contact Jan Kruse (jkruse@nclc.org or 617.542,8010).

Press Releases

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Fed Must Do More to Protect Consumers From Fraud and Mistakes in New P2P Payment System

2021-09-10T08:58:38-05:00September 9, 2021|Categories: Media Center|

FedNow System Must Not Launch Until it is Safe Washington — The Federal Reserve Board must do more to protect consumers, small businesses and other users from fraud and mistakes in the new “FedNow” instant person-to-person (P2P) system that it is developing, according to comments submitted today by consumer, small business, community and legal services [...]

Statement in Response to Education Department’s Announcement on Student Loan Discharges for ITT Tech Students

2021-08-26T11:17:24-05:00August 26, 2021|Categories: Media Center|

Boston – Today, the U.S. Department of Education announced that 115,000 borrowers who attended and withdrew from ITT Tech will receive more than $1.1 billion in student loan discharges based on findings that the school engaged in misconduct that allowed it to stay in business while deceiving students and luring them into taking out unaffordable [...]

Statement in Response to Education Department’s Announcement on Automatic Cancellation for Disabled Borrowers

2021-08-19T10:14:29-05:00August 19, 2021|Categories: Media Center|

Boston – In response to the announcement today by the U.S. Department of Education that 323,000 borrowers who have a total and permanent disability (TPD) will receive more than $5.8 billion in automatic student loan discharges due to a new regulation, Persis Yu, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project, [...]

CRL and NCLC Research Reveals Two-Thirds of Navient Borrowers Enrolled in IDRs and Making Voluntary Loan Payments During COVID Student Loan Pause Are Underwater

2021-08-19T14:04:31-05:00August 16, 2021|Categories: Media Center|

An Analysis of Over 428,000 Borrowers in Income-Driven Repayment (IDR) Washington, D.C. — The Center for Responsible Lending (CRL) and the National Consumer Law Center (NCLC) issued a new joint policy brief revealing that almost two-thirds (63%) of student loan borrowers enrolled in Income-Driven Repayment Plans (IDR) serviced by Navient who made voluntary loan payments [...]

Statement of NCLC’s Persis Yu re: extension of student loan payment pause until 2022

2021-08-27T09:37:22-05:00August 6, 2021|Categories: Media Center|

FOR IMMEDIATE RELEASE: August 6, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Stephen Rouzer (sourzer@nclc.org) Statement of Persis Yu, the director of National Consumer Law Center’s Student Loan Borrower Assistance Project, in response to announcement that the student loan payment suspension has been extended until January 31, 2022. Washington, D.C. - “Borrowers [...]

Free Webinar for Thousands of Students Impacted by Sudden Closure of Online Schools

2021-08-03T11:12:26-05:00August 3, 2021|Categories: Media Center|

FOR IMMEDIATE RELEASE: August 3, 2021 Contacts:  Legal Aid Foundation of Los Angeles, Sara Williams, sjwilliams@lafla.org or (562) 400-8754 National Consumer Law Center, Jan Kruse, jkruse@nclc.org Washington, D.C. — This week, four large, national college chains are closing, stranding more than 7,000 students, most of whom are online: Independence University, CollegeAmerica, Stevens-Henager College, and California [...]

CFPB Moves Forward with Flawed Debt Collection Rules 

2021-08-02T10:24:44-05:00August 2, 2021|Categories: Media Center|

Nearly One-Third of U.S. Adults with a Credit Report Have Debt in Collection WASHINGTON, D.C. – On Friday, July 30th, the Consumer Financial Protection Bureau (CFPB) announced that it would not delay the effective date of its debt collection regulations as it had originally proposed this spring.  Instead, the CFPB will be moving forward with [...]

​NCLC ​Advocates Applaud 36% National Rate Cap Bill  to Curb High-Cost, Predatory Loans Across the Nation

2021-07-29T10:21:38-05:00July 29, 2021|Categories: Media Center|

FOR IMMEDIATE RELEASE: July 29, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. – Attorneys at the National Consumer Law Center praised the introduction yesterday of the Veterans and Consumers Fair Credit Act in the U.S. Senate, led by U.S. Senators Jack Reed (D-RI), Jeff Merkley (D-OR), Sherrod Brown (D-OH), and Chris [...]

Bipartisan Legislation in Congress Would Ban Forced Arbitration Clauses that Protect Sexual Predators

2021-07-15T16:23:25-05:00July 15, 2021|Categories: Media Center|

FOR IMMEDIATE RELEASE:  July 15, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. – Advocates at the National Consumer Law Center applauded bipartisan and bicameral legislation announced yesterday by U.S. Senator Kirsten Gillibrand (D-NY),  Senator Lindsey Graham (R-SC) and Dick Durbin (D-IL), chair of the Senate Judiciary Committee, [...]

Statement on PHEAA Not Extending its Servicer Contract with Dept. of Education

2021-07-08T17:50:58-05:00July 8, 2021|Categories: Media Center|

FOR IMMEDIATE RELEASE: July 8, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Persis Yu (pyu@nclc.org) Boston - Statement by Persis Yu, director of the National Consumer Law Center's Student Loan Borrower Assistance Project in response to the announcement that PHEAA (FedLoan Servicing) will not be extending its federal contract in December. “Lawsuits by [...]