An article appearing in USA Today on March 7, 2023 by Alia Wong and Chris Quintana covers Democratic lawmakers’ support for President Joe Biden’s student loan forgiveness plan and quotes Abby Shafroth. A return to loan payments, absent avenues for relief, could throw many borrowers into financial disarray. “This is a real disaster waiting for us.”…
“The Biden Administration promised much-needed student debt relief, and 26 million people have already applied for it. If the Supreme Court pulls the rug out from under them, it will be devastating."
Two cases before the U.S. Supreme Court challenge President Biden’s transformational plan to cancel up to $20,000 in student debt for eligible borrowers.
Student Loan Law Experts in D.C. for Feb. 28 Hearing and “People’s Rally in Support of Student Debt Cancellation” WASHINGTON — Student loan law experts from the National Consumer Law Center will be in attendance and available for comment during the “People’s Rally in Support of Student Debt Cancellation” in front of the U.S. Supreme…
The Leadership Conference on Civil and Human Rights, a coalition charged by its diverse membership of more than 230 national organizations to promote and protect the civil and human rights of all persons in the United States, and 12 undersigned organizations write to submit comments on the U.S. Department of Education’s proposed regulations governing Income-Driven…
The letter was written in response to the Senator’s January 17, 2023 letter requesting information on the impact of the attempts to block President Biden’s transformational plan to cancel up to $20,000 in student loan debt for millions of Americans.
Early in Aubrey Plaza’s recent movie, Emily the Criminal, her character is seen calling her student loan servicer, between food delivery shifts, to ask why her recent $400 payment wasn’t applied to her balance. She is stunned by the response: “It was applied to my interest? Sorry, how much interest is being added a month?” The…
Read More about Op-Ed in The Hill: Ending the black hole that’s devouring student loan payments
COVID-19 has made cancellation a necessity for student loan borrowers, writes borrower advocates, including NCLC, and legal aid organizations in a brief submitted to the U.S. Supreme Court. By tailoring the student debt relief to reduce the prospect of widespread defaults upon a return to repayment, the Department acted well within its HEROES Act authority…
Read More about Brief in Biden v. Nebraska & Brown v. U.S. Department of Education
The Administration’s plan would reduce loan bills for eligible borrowers and fix several program flaws, but misses opportunities to make repayment work for low-income borrowers WASHINGTON – Today, the Department of Education proposed regulations that would significantly change income-driven repayment (“IDR”) plans for tens of millions of federal student loan borrowers. While the changes to…
WASHINGTON — Tonight, at 9:00pm ET, NCLC staff attorney Abby Shafroth will join a group of experts, lawyers and advocates for a press conference by telephone to analyze the first briefs from the White House in the U.S. Supreme Court cases challenging President Biden’s student loan relief program. The first briefs from the White House…
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate
