Tag: student loans
"We are crushing the next generation with debt."
Warren and several other senators demanded the Department take immediate steps to aid and protect students, veterans, and taxpayers in the wake of the significant collapse.
The amount of U.S. student loan debt has more than doubled since 2009 and now sits at a record $1.47 trillion.
New York Assemblymember Ron Kim is introducing legislation to block the deal and redirect taxpayer money away from Amazon subsidies and toward student debt relief.
"It's extremely validating to see a court agree that what the Department did was wrong, and to know that students who were cheated will finally be able to seek relief."
"This is such an important win for student borrowers and anyone who cares about a government that operates under the rule of law."
The lost paperwork is further evidence that the loan-industry complex is disinterested in acting on behalf of their student-borrowers.
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