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Student Debt in the News

The Problem

October 9, 2015 | A Student Loan System Stacked Against the Borrower

“In the aftermath of the financial crisis, we learned repeatedly about dubious practices among mortgage servicing companies that made it harder for homeowners trying to repay or renegotiate their loans. Now, similar horror stories are emerging about the companies servicing student loans.”

October 23, 2017 | Student Loans: Here Are Major Complaints Borrowers Reported to a Federal Watchdog

“Student loan borrowers’ complaints to a federal watchdog suggest that some are having more problems dealing with their lenders or loan servicers than they are with making repayments.”

July 25, 2017 | Student Loan Borrowers, Herded into Default, Face a Relentless Collector: the U.S.

“There is an uncanny resemblance between the foreclosure crisis and our student default dilemma…”

The Fight in the States

September 6, 2018 | After Scaling Back Student Loan Regulations, Administration Tries to Stop State Efforts

“As state law enforcement officials and legislators across the political spectrum stand up for student loan borrowers who have been ripped off at every turn, Donald Trump and Betsy DeVos have instead chosen to protect companies engaged in rampant illegal practices…”

February 26, 2018 | Trump Administration Fights States’ Crackdown on Student Loan Collectors

“More than a dozen states have either passed or are considering state laws that would tighten regulations on these student loan companies.”

April 13, 2018Why Would the Government Stop States From Helping Student Borrowers?

“The states are inviting a fight—and given how much the current system can hurt students, it’s one worth having.”

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