Department of Education Acting to Remove State Borrower Protections
February 27, 2018
February 27, 2018
WASHINGTON, Feb. 27 -- The Young Invincibles issued the following news release:
According to recent news reports, the Department of Education is preparing to issue memos that will claim that any state-level protections for federal student loan borrowers are preempted by federal law. This would have the effect of nullifying several states' consumer protections designed to ensure that borrowers in their state are treated fairly by student loan servicers and debt collectors. Illin . . .
According to recent news reports, the Department of Education is preparing to issue memos that will claim that any state-level protections for federal student loan borrowers are preempted by federal law. This would have the effect of nullifying several states' consumer protections designed to ensure that borrowers in their state are treated fairly by student loan servicers and debt collectors. Illin . . .