The Biden administration announced that it will provide $5.75 billion in relief to over 345,880 borrowers with outstanding loans borrowed to attend Ashford University, Drake College of Business, and schools owned by the Center for Excellence in Higher Education (CEHE).
NCLC and New America Foundation Applaud Protection of Social Security Benefits from Seizure to Collect Student Debt
National Center on Law & Elder Rights provided this free webinar on Helping Older Borrowers Apply for Total and Permanent Disability (TPD) Discharge. Coming out of the student loan payment pause, federal student loan debt remains a burden for many Americans, especially older borrowers. Many of these borrowers, age 60 or older, are struggling with…
Watch Recording Read More about NCLER Webinar: Helping Older Borrowers Apply for Total and Permanent Disability (TPD) Discharge
This bill would significantly weaken or repeal many important federal student loan protections, particularly those critical for low-income student loan borrowers.
Read More about Opposition to HR 6951, the College Cost Reduction Act
Appearing in CNBC on November 2, 2024, Annie Nova talks to NCLC staff attorney Anna Anderson about the difficult process disabled borrowers face when navigating the student loan debt forgiveness process. “Even the borrowers who allegedly have access to it, it’s still very, very difficult for them to actually seek and receive a discharge.” Anna…
BOSTON – Today, the Department of Education announced it would be proposing new rules to provide relief to federal student loan borrowers based on financial hardship, consistent with the recommendations of a federal rulemaking committee. Kyra Taylor, staff attorney at the National Consumer Law Center and member of the rulemaking committee, issued the following statement…
NCLC will pursue common-sense regulatory and legislative reforms to ensure fairness, fight fraud, and protect consumers in 2025.
NCLC and New America Foundation Identify Policy Solutions to Reduce the Impact of Student Debt on Older Adults
Read More about 3.5 Million Older Americans Have Over $125 Billion in Student Loans
A new fact sheet from NCLC and the New America Foundation examines the problem and provides policy solutions to protect the financial security of older adults with student loan debt.
Read More about The Growing Impact of Student Loan Debt on Older Adults
Learn how to navigate repayment, Public Service Loan Forgiveness, and disability discharge. Topics include: student loan repayment options, loan forgiveness, income-driven repayments plans, disability discharge, and more.
Watch Recording Read More about Navigating Student Loan Repayment: Military and Veteran Borrowers
This group letter urges the Department of Education to take action to protect federal student loan borrowers from harm caused by the SAVE litigation’s large-scale disruption of the student loan repayment system, which has led to a temporary removal of online repayment plan applications and an extended pause in processing applications to consolidate loans or…
NCLC wrote and submitted this amicus brief to the U.S. Court of Appeals for the Eighth Circuit in Missouri v. Biden. In this case, Missouri and several other states have challenged the U.S. Department of Education’s 2023 rules governing income-driven repayment, including the SAVE plan. This amicus brief offers NCLC’s student loan law expertise to…
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