The U.S. Senate Committee on the Judiciary Subcommittee on Administrative Oversight and the Court held a hearing this week on “The Looming Student Debt Crisis: Providing Fairness for Struggling Students.” In our testimony, we focused on the importance of restor
The current debate about student loan debt generally spotlights the struggles of young college graduates. The image of a young adult, unable to find a job, maybe even moving back in with her parents, often comes to mind because this best fits our own experiences or bec
In NCLC’s January 2012 report, “State Inaction“, we called on state regulatory agencies and Attorney Generals to challenge for-profit school abuses in their states. State action is an important complement to effective federal oversight. Fortunately for students, ther
Congress made a number of changes to the federal student aid programs at the end of 2011. This legislation passed without much substantive debate because it was part of the budget process. President Obama signed the legislaton on December 23, 2011 (Public Law 112-74).
We wrote in December about operational breakdowns at the Department of Education, focusing on the Department’s failure to properly place borrowers in “forced consolidation” into IBR. Shockingly, the Department has yet to fix this problem. Department staff
It seems that we were just looking back at 2010….and yet another year has passed. As we get ready for a holiday vacation at Student Loan Borrower Assistance Project, we offer a few thoughts on 2011: It was a year of ups and down in the fight against abuses in the for
A December 2011 article in the Chronicle of Higher Education reveals numerous problems with the Department of Education’s online system for managing student loans. Unfortunately, this is not news to our clients and other borrowers. We have been pointing out operational brea
NCLC released a report today, “State Inaction: Gaps in State Oversight of For-Profit Higher Education.” The report examines state oversight of for-profit schools, focusing on state regulatory structures and the levels of resources devoted to enforcement and ove
The Consumer Financial Protection Bureau (CFPB) announced today that it is seeking comments about the private student loan market. The Bureau wants to hear from everyone: borrowers, their families, current students, advocates, lenders, servicers, and school officials.
Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.