Why Massachusetts Needs its Own Student Loan Bill of Rights
The Student Loan Borrower Bill of Rights is common sense legislation which would provide basic consumer protections for student loan borrowers, including:
•a consumer assistance unit, for students and their families to get information on student loans and resources for navigating repayment.
•An in-state ombudsman that borrowers can contact with complaints or questions
•mandatory licensure and regulation for servicers,
•regulations that would prohibit servicers from engaging in predatory, unfair, and unlawful practices.
To Learn more about Why we need a Student Loan Bill Borrower of Rights in MA, click HERE
To access the Fact Sheet, click here.