Student Loans

FEDERAL STUDENT LOANS ||  PRIVATE STUDENT LOANS

FOR-PROFIT AND PREDATORY SCHOOLS

NCLC Spotlight:

• National Consumer Law Center and Student Borrower Protection Center Complaint to Federal Trade Commission re: Vemo Education, Inc. alleging deceptive marketing practices of Income-Share Agreements, May 31, 2020; Press Release.
• Lawsuit: Barber, Jenkins et al vs Devos and U.S. Department of Education, Case 1:20-cv-01137, May 7, 2020. The lawsuit seeks to stop the Department’s garnishment of wages from defaulted student loan borrowers and to force Education Dept. to immediately comply with Sec. 3513 (e) of the CARES Act that mandates that all such collections be ceased until at least next September. An estimated 285,000 borrowers may be eligible class members.  Share your story if you have had wages garnished in 2020 for a student loan.
  Amended Complaint and Press Release.
• Video Explainer: What the CARES Act Means for Repayment of Federal Student Loans, April 21, 2020
• What the CARES Act Means for Repayment of Federal Student Loans, March 28, 2020
• Making Sense of Federal Student Loan Repayment Relief During COVID-19, March 24, 2020

Visit our Covid -19 & Consumer Protections webpage for more updates regarding student loan relief.