How the student debt crisis and the need for state oversight is making local news
The Colorado Sun
April 11, 2019 | Opinion: Colorado Will Lead the Effort to End the Student Debt Crisis
Colorado can and must change the status quo. The Regulate Student Loan Servicers Act would do just that. The bill, which passed out of the Senate with bipartisan support, would require student loan companies to be licensed and follow the rules — just as we require of mortgages and payday loan companies.
The Colorado Sun
January 23, 2019 | Nearly Half of All Young Adults in Colorado Owe Money on a Student Loan, Study Examining State’s $26 Billion Ledger Shows
“There is a misperception that student loan debt is just this problem that affects the young in Colorado, and just those living in Denver and the affluent suburbs,” said Seth Frotman, who resigned in protest last year from his post as one of the federal government’s top student loan watchdogs. “This is not one generation’s problem or one segment of the population’s problem. Student debt has tremendous impact across all ages and all demographics and all geographic regions.”
The Colorado Independent
December 20, 2017 | The Crushing Burden of Student Loan Debt and What One Colorado Lawmaker Wants to do About It
“In Colorado alone, 761,000 people owe $24 billion in student loans, an average of more than $30,000 per person…”
CBS Denver
August 14, 2018 | Bankruptcy Filer Takes Student Loan Servicer To Court
“I can’t breathe when I look at it. It’s a panic. There’s no way out of this…”
The Colorado Independent
April 25, 2018 | As Student Debt Swells, Colorado Lawmakers Seek Relief for Borrowers by Regulating Debt Collectors
“Colorado lawmakers want the state to crack down on student loan service providers as complaints from borrowers still paying off their student loan debt are on the rise.”