Proposals to Alter Student Loan Repayment Would Worsen Crisis of Older Adults Struggling with Student Debt
Low-Income Borrowers Could Be Left in Repayment Until Death, and Parent PLUS Borrowers Would Be Left Without Affordable Payment Options
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Repay or Die Trying: Proposal to Eliminate Income-Driven Repayment (IDR) Plans Threatens to Swell Ranks of Older Adults Struggling with Student Debt
More than 13 million people rely on Income-Driven Repayment (IDR) plans to repay their federal student loans. IDR plans provide borrowers who cannot afford standard, fixed payments with an alternative way to repay based on their income and family size and to become student debt-free by making up to 25 years of payments.
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Left Out to Dry: Proposals to Streamline Student Loan Repayment Eliminate Affordable Pathways for Parent Borrowers
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…
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Congress Must Preserve Protections for Student Loan Borrowers Whose Schools Closed or Defrauded Them
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
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Borrower Defense: What Will Happen to Students in Debt Because They Were Scammed by Their School if the 2022 Rule is Rescinded?
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.
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Debt Without a Degree: Preserving Protections for Students When Schools Close
This one pager explains why the Closed School Discharge program is essential to preserve as federal lawmakers consider cuts to federal student loan programs.
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Shutting Down the Department of Education Threatens Students and Working Families Who Rely on Federal Student Aid
Move threatens chaos for 40 million student loan borrowers and jeopardizes access to education.
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Coalition Letter Urging Congress to Protect Pell Grants from Cuts
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…
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Coalition Letter to Congress Opposing Diverting Resources from Education to Other Areas in Reconciliation
This letter, signed by NCLC and other national organizations with expertise in college access, affordability, and the federal student aid program, expresses opposition to any reconciliation legislation that diverts essential educational resources to other policy areas. As explained in the letter, this short-sighted approach would diminish access to quality postsecondary education, increase the cost for…
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Legal Aid Comments on Proposed Rules on Financial Hardship-based Student Debt Relief
These comments, submitted on behalf of organizations across the country that provide freelegal assistance to low-income people, address the U.S. Department of Education’s proposed rules to clarify the use of the Secretary’s longstanding authority to grant a waiver of some or all of the outstanding balance on a federal student loan based on financial hardship.…
Read More about Legal Aid Comments on Proposed Rules on Financial Hardship-based Student Debt Relief
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ABCs of Student Loans: Getting Started on Student Loan Cases
TIME: 2 – 4PM EST This webinar introduces advocates to student loan borrower representation and focuses on the basics of the student loan system, including determining what type of loans a borrower has; what the status of those loans are; and issue-spotting for common borrower problems related to repayment, collection, loan cancellation and more. Speakers:
Watch Recording Read More about ABCs of Student Loans: Getting Started on Student Loan Cases
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Comments to the Dept. of Ed. re: Proposed Regulations on Borrower Defenses and Use of Forced Arbitration by Schools
These comments, submitted on behalf of organizations across the country that provide free legal assistance to low-income student loan borrowers, address the Department’s proposed changes to regulations previously promulgated to protect federal student loan borrowers and taxpayers from misconduct and closures by schools. We urge the Department to change course, as the proposed rules would…
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