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A bill that would create a “student loan bill of rights” to protect borrowers in Rhode Island is now heading to the governor’s desk.

Maine lawmakers have passed a “Student Loan Bill of Rights” aiming to protect borrowers. The Senate unanimously enacted the legislation Monday. Democratic Gov. Janet Mills has 10 days to act on the bill or let it go into law without her signature.

Retracing a step to help state residents get out from under a mountain of debt, now estimated at $43 billion.

It’s disturbing enough to know that 3.8 million student loan borrowers in California owe about $134.3 billion. The true cost of this debt load cannot be fully measured in those numbers.

The Assembly Higher Education Committee discussed a bill that would give the state tools to go after student loan companies.

On Tuesday, the California assembly passed the “Student Borrower Bill of Rights,” or AB376, aimed at creating the first detailed set of rules protecting those holding student debt in the U.S.

Higher education can open the door to incredible opportunities and is a worthy investment in the future. But as we encourage Rhode Islanders to pursue higher education, we must also ensure that they are protected from deceptive and predatory loan servicing by enacting the Student Loan Bill of Rights.