News Clips

Kenneth Zebrowski, a Democratic Assemblyman, introduced legislation to regulate student loan servicers.

Attorney General Hector Balderas sent a letter calling out the U.S. Department of Education for abdicating its responsibility to thousands of New Mexico student loan borrowers and their families by revoking critical reforms designed to help students avoid default and curtail loan servicer misconduct.

A new report shows college student loan debt doubled in New York over the last decade.

According to U.S. News and World Report, the average graduate this year has more than $37,000 in debt. Nearly 60 percent of millennial graduates have no idea when their student loans will be paid off, the report suggests.

With a lingering recession and a terrible job market, students who have left New Mexico colleges and universities have the highest student loan default rate in the United States.

Too many recent graduates are awash in debt and this will hamper not only their ability to save but also to spend and to help the economy grow.

Minnesota ranks fifth in the nation for student debt, and fourth for its proportion of students shouldering college debt loads.

As part of its most recent report on household credit, the NY Fed has produced a neat pair of maps detailing which states have the highest education debt burdens and which have highest delinquency rates. The two pictures overlap less than you might expect.