Boston – Statement of Persis Yu, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project, in response to today’s introduction of a scaled-back higher education bill by Senator Lamar Alexander: “Students and borrowers need real, wholesale reform of the Higher Education Act to make it easier for borrowers to succeed in student…
For Immediate Release: Sept. 9, 2019 Boston – On Tuesday, September 10, at 10 a.m. ET, National Consumer Law Center attorney and Director of NCLC’s Student Loan Borrower Assistance Project Persis Yu will testify before the U.S. House of Representatives Committee on Financial Services at the hearing, “A $1.5 Trillion Crisis: Protecting Student Borrowers and…
FOR IMMEDIATE RELEASE: July 25, 2019 BOSTON- Today, the U.S. Government Accountability Office (GAO) released a report on the Department of Education’s process for verifying income and family size when determining income-driven repayment amounts. For student loan borrowers struggling to repay their loans, income-driven repayment (IDR) plans are a lifeline that helps millions of people stay…
FOR IMMEDIATE RELEASE: July 23, 2019 Boston – Today marks the introduction of the second of two bills designed to help Americans burdened with student loan debt. Today, U.S. Senator Warren and Representative Clyburn introduced the Student Loan Debt Relief Act. Last month, the Student Debt Cancellation Act was introduced by US. Senator Sanders (S.1947)…
Read More about Statement Regarding Support of Bills to Relieve Student Loan Debt
FOR IMMEDIATE RELEASE: JULY 1, 2019 National Consumer Law Center Files FOIA to Find out on 25th Anniversary of Borrowers Participating in Income-Driven Repayment Plans Download NCLC’s FOIA request at: http://bit.ly/foia-ann Boston — On July 1, 1994, the U.S. Education Department launched its first Income-Driven Repayment Plan, designed to allow student loan borrowers to keep…
FOR IMMEDIATE RELEASE: JUNE 10, 2019 Joanna K. Darcus’s full testimony will be available by 10am ET on June 11 at: http://bit.ly/nclc-test-loan-serv Washington, D.C.- National Consumer Law Center attorney Joanna K. Darcus will testify on Tuesday, June 11 at 10am E.T. before the U.S. House Financial Services Committee’s Oversight and Investigations Subcommittee at a hearing…
FOR IMMEDIATE RELEASE: APRIL 24, 2019 Download the full report: http://bit.ly/2vj2uzz Boston — Today, the National Consumer Law Center released a report which paints a troubling picture of the efforts by the U.S. Departments of Education and Justice to pursue defaulted student loan borrowers through litigation. “Lamentably, the evidence suggests that communities of color are…
FOR IMMEDIATE RELEASE: APRIL 18, 2019 Boston – The National Consumer Law Center (NCLC) filed a federal lawsuit late yesterday against the U.S. Department of Education (ED), asking the court to compel the Department to comply with a Freedom of Information Act (FOIA) request submitted by NCLC on July 17, 2018. NCLC is seeking the release of ED’s contract…
National Consumer Law Center Recommends Reforms to Mitigate Harms to Families by Private Corporations Administering Our Criminal Legal System For Immediate Release: March 20, 2019 Download the full report, including an analysis of harms, a sector-by-sector overview, graphic on the Private Criminal Legal System Cycle, and complete list of policy recommendations at: http://bit.ly/2W7zq9E Boston –…
National Consumer Law Center’s 50-State Review of Laws Used to Pursue Criminal Charges against Rent to Own Customers For Immediate Release: February 21, 2019 Download the full report, including an analysis of rental theft laws of 50 states and Washington, D.C., and complete list of policy recommendations at https://bit.ly/rto-racket Boston – Across the nation, the $8.5…
BOSTON – The following statement is by Persis Yu, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project in response to the new report by the U.S. Department of Education’s Office of Inspector General, Federal Student Aid: Additional Actions Needed to Mitigate the Risk of Servicer Noncompliance with Requirements for Servicing Federally…
FOR IMMEDIATE RELEASE: February 11, 2019 BOSTON – Last week, U.S. Senate Committee on Health, Education, Labor and Pensions Chair Lamar Alexander proposed a program that would require student loan borrowers to repay their loans through mandatory automatic deductions from their paychecks. The National Consumer Law Center released a policy brief, The Dark Side of…
Read More about The Dark Side of Payroll Withholding to Repay Student Loans
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