Originally airing on NPR on July 14, 2023, hosts Adrian Florido and Cory Turner include a soundbite of Abby Shafroth explaining how out of 4 million eligible borrowers, only 32 have has their loans forgiven through the Income-Driven Repayment program.
Read More about NPR: Student loan forgiveness is on the way for more than 800,000 borrowers
These bills would ensure that employers in Massachusetts cannot consider an employee’s or job applicant’s credit report in making hiring or employment decisions.
WASHINGTON – Advocates with the National Consumer Law Center’s Student Loan Borrower Assistance Project applaud action today by the Department of Education to begin automatically discharging $39 billion in Federal student loans–helping more than 804,000 borrowers get out from under crushing student debt. But advocates warn more must be done to assist borrowers who’ve fallen…
Appearing in ProPublica on July 12, 2023, Jessica Lussenhop quotes Sarah Bolling Mancini in coverage of a U.S. Senate subcommittee hearing on alternative home financing deals that leave unwitting buyers financially devastated and unscrupulous sellers free to resell the properties. These financial products are a “costly and harmful detour from homeownership….NCLC estimates that the failure…
DC joins two states in stopping rent-a-bank loans by EasyPay Finance and TAB Bank that evade state interest rate laws WASHINGTON – Advocates applauded today’s announcement by the Office of the Attorney General (AG) of the District of Columbia that DC has forced EasyPay Finance to stop making loans up to 198.98% despite DC’s 24%…
Read More about 199% Auto Repair, Pet Loans Face Crackdown by DC, States
With the payment pause ending this fall, 45 million student loan borrowers across the country will be scrambling to figure out how to manage their federal student loans when payments come due.
Read More about Digital Library: Student Loan Borrower Rights After the Supreme Court Ruling
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