Friday - November 15, 2024
Rep. Sara Jacobs, Sen. Ron Wyden Introduce Bill to Hold Student Loan Servicers Accountable for Negligence and Wrongdoing
June 06, 2024
WASHINGTON, June 6 -- Rep. Sara Jacobs, D-California, issued the following news release:

Rep. Sara Jacobs (CA-51) and Sen. Ron Wyden (D-OR) introduced bicameral legislation to hold student loan servicers accountable for negligence and wrongdoing. The Student Loan Servicers Accountability Act would examine student loan servicers' role in hurting borrowers' credit ratings and ensure additional strict performance standards and harm-reductive contract terms for servicers before they're . . .

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