National Student Debt Total: $0

Filling the Void: New CFPB Collection Could Help Protect Student Loan Borrowers

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26 April 2017

On April 24, the Center for American Progress submitted a letter to the CFPB expressing support for the new data collection as a necessary step to identify barriers to successful loan repayment and to improve outcomes for all student loan borrowers—especially those at greatest risk of default. In particular, the letter highlights the importance of the following parts of the proposed data collection.

Blog

Beware the Raid on Student Aid

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26 April 2017

The raid on student aid is a bigger deal for domestic policy than just another politician dipping his hand into the cookie jar. It’s a bigger deal than being emblematic of the Trump Administration’s prioritization of weapons over people in its first budget. It’s a threat around which education advocates should mobilize, but likely won’t, because the interaction between the Pell Grant program and federal budget rules are obscure and the implications delayed in time. But the consequences of emptying the Pell Grant rainy day fund are very real for families.

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Why We’re Firing Navient This Week

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24 April 2017

April 25 marks the fifth anniversary of student loan debt hitting $1 trillion in the U.S. and not only have we not made progress in helping and protecting students and borrowers, we’re backsliding. Students and borrowers demand a Department of Education and a budget that works for them.

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Free Community College Competition Winner: Dilia Samadova

Photo Credit: HeadsUp America
Dilia Samadova, winner of the Free Community College Competition hosted by HeadsUp America, won $2,000 to put towards her degree at Terra State University.

20 April 2017

Congratulations to Dilia Samadova on winning the Free Community College Competition! Dilia’s story deeply inspired us. It’s what the movement for free community college is all about.

Uncategorized, Blog

Betsy DeVos Rescinds Protections for Student Loan Borrowers: What We and Our Partners Have To Say About That

Betsy DeVos testifies before the Senate Health, Education and Labor Committee confirmation hearing to be next Secretary of Education on Capitol Hill in Washington. (Yuri Gripas / REUTERS)

12 April 2017

“Secretary DeVos’ first actions on student debt prove that her Department prioritizes the financial interest of debt collectors and servicers over the rights of borrowers. Eliminating these safeguards will allow companies to harass borrowers and continue to provide shoddy service. We hear constantly from borrowers who are struggling with their servicers, and we only expect these complaints to intensify with these most recent, regressive rollbacks.”

Blog, Press

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