Parent PLUS loans are federal loans made to parents to help pay for their children’s college education. There are currently over 3.6 million people with Parent PLUS loans. A significant portion of today’s parent borrowers are very low-income and are struggling with repayment. Currently, they can access lower payments to help avoid distress and default…
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
This short issue brief provides the top four ways rolling back the 2022 Borrower Defense Rule will make it harder for scammed students to receive relief.
This one pager explains why the Closed School Discharge program is essential to preserve as federal lawmakers consider cuts to federal student loan programs.
Read More about Debt Without a Degree: Preserving Protections for Students When Schools Close
Move threatens chaos for 40 million student loan borrowers and jeopardizes access to education.
This letter from a large coalition of organizations that support college access and affordability for students from low-income families urges Congress to shore up funding for the Pell Grant program and protect students from the harmful effects of a funding shortfall. In January, the Congressional Budget Office (CBO) released new supplemental projections for the Pell…
Read More about Coalition Letter Urging Congress to Protect Pell Grants from Cuts
