Federalism to the Rescue
This new research, developed as part of the SBPC’s Student Loan Justice Fellowship Program examines what tools states can leverage to respond to the needs of their residents dealing with the economic fallout from coronavirus.
The report, written by SBPC fellow Brian Shearer, builds a case for how states can oversee the nonbank companies at the center of the $1.6 trillion student loan market. The report also offers a path forward for states to oversee other critical financial institutions that play large roles in our consumer financial markets.
Read the Blog: A Roadmap for States to Protect Borrowers