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…
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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