Skip to main content
Home

Main navigation

  • About CRL
    • Staff
    • Board of Directors
    • FAQs
    • Careers
    • Impact
  • Issues
    • Consumer Finance
    • Debt Collection & Settlement
    • Mortgage Lending
    • Overdraft Fees
    • Payday and Other Small Dollar Loans
    • Small Business
    • Student Loans
  • Research & Policy
  • Newsroom
    • CRL in the News
    • Press Releases
  • Contact Us
  • Search
  • Donate

Main menu

  • About CRL
    • Staff
    • Board of Directors
    • FAQs
    • Careers
    • Impact
  • Issues
    • Consumer Finance
    • Debt Collection & Settlement
    • Mortgage Lending
    • Overdraft Fees
    • Payday and Other Small Dollar Loans
    • Small Business
    • Student Loans
  • Research & Policy
  • Newsroom
    • CRL in the News
    • Press Releases
  • Contact Us
  • Search
  • Donate

Student Loans

Student Loans

Student loans create debt burdens that impact families for generations. Black Americans in general, and Black and Latina women in particular -- often are forced to take on more college debt than their white counterparts in pursuit of the American Dream. The student debt burden is felt most acutely by attendees of Historically Black Colleges and Universities. CRL successfully led a coalition of advocates that achieved substantial student debt cancellation in 2022. We continue to advocate for higher education policies to protect student loan borrowers and their parents from falling into a cycle of debt that keeps them from engaging in wealth-building activities. 

Filter Results

Wednesday, September 6, 2023

CRL Video Explains the Benefits of the New SAVE Income-Driven Repayment Plan for Student Debt

The income-driven repayment plan prevents unpaid interest from increasing a borrower’s loan balance, and ensures remaining balances are forgiven after a certain number of years.
Policy & Legislation
Student Loans

Thursday, July 20, 2023

Comment on Intent to Establish a Negotiated Rulemaking Committee

With nearly 45 million Americans owing 1.7 trillion dollars in student loan debt, the Department’s intent to establish a negotiated rulemaking committee to examine proposals under the waiver, modification, and compromise authority is critical to increasing fairness and affordability for those who must accrue debt to pursue higher education. The sheer scale of the student loan debt crisis in America—and its disproportionate and, often, inequitable, impact on borrowers of color—compels us to urge the Department to use this negotiated rulemaking to develop and put in place a series of strong...
Comment Letter
Student Loans

Wednesday, May 24, 2023

Overturning Student Debt Relief Through the Congressional Review Act Will Have Devastating Consequences for Student Loan Borrowers

Today, more than 44 million Americans are crushed under the weight of $1.7 trillion in student loan debt. This debt prevents borrowers – in red states and blue states, urban and rural communities – from fully participating in the American economy. It delays or denies borrowers the opportunity to buy a home, start a business, or invest in retirement, thereby widening the wealth gap for borrowers from families with modest means.
Policy & Legislation
Student Loans

Monday, May 8, 2023

Immense Coalition of 260+ Civil Rights, Labor, and Advocacy Organizations Call for the Rejection of Partisan Scheme to Block Debt Relief for Student Loan Borrowers & Reverse Student Loan Payment Pause

The 261 organizations representing millions of students, workers, people of color, veterans, people with disabilities, consumers, and people of faith write in strong opposition to bicameral efforts to use the Congressional Review Act (CRA) to overturn President Biden's actions to pause student loan payments and provide student debt relief for low-income and working-class Americans continuing to recover from the deadly COVID-19 pandemic and its devastating economic fallout.
Letters to Congress
Student Loans

Tuesday, May 2, 2023

What’s Next for Student Loan Borrowers?

The U.S. Supreme Court recently heard arguments in two cases challenging the Education Department’s debt relief program. The first lawsuit, Biden v. Nebraska, was filed by several Republican-controlled states claiming that debt relief will hurt the profits of a private student loan servicer chartered by one of the states and may negatively affect future state tax revenues. The other suit, Department of Education v. Brown, was filed by the conservative organization Job Creators Network Foundation Legal Action Fund on behalf of two individual student loan borrowers claiming to be opposed to the...
Policy & Legislation
Student Loans

Thursday, March 23, 2023

Letter Submitted to Subcommittee on Higher Education and Workforce Development hearing on the Implications of Biden's Student Loan Policies

CRL submitted this letter for the record on the Subcommittee on Higher Education and Workforce Development hearing entitled, "Breaking the System: Examining the Implications of Biden's Student Loan Policies for Students and Taxpayers."
Testimony
Student Loans

Tuesday, November 1, 2022

“Paying from the Grave”: Historically Black Colleges and Universities (HBCU) Alumni and the Burden of Student Loan Debt

More than 44 million people in the United States—roughly one in six adults—collectively hold more than $1.6 trillion in federal student loan debt. Although many Americans are burdened by their student loan debt, borrowers who attended Historically Black Colleges and Universities (HBCUs) have been especially hard hit, due to the impacts of systemic racism on wealth accumulation for families and unequal resource distribution among institutions. Carrying student debt makes it difficult for many HBCU graduates to engage in wealth-building activities like purchasing a home or investing for...
Research
Student Loans

Tuesday, October 25, 2022

Public Service Loan Forgiveness Limited Waiver Ends October 31

The Public Service Loan Forgiveness (PSLF) Program is a federal program that forgives loan balances for those working for the government or in the nonprofit sector after 120 qualifying payments. Download the factsheet to take advantage of this temporary expanded benefit before October 31st.
Policy & Legislation
Student Loans

Wednesday, August 31, 2022

Poll Results: Federal Student Loan Payment Pause Helps Borrowers Pay for Basic Needs

Morning Consult conducted a survey, commissioned by Center for Responsible Lending. The poll is presented as a short Powerpoint-style slide deck with key takeaways and charts. Key findings include: Millions struggled to meet their basic needs due to the burden of student debt Low-income borrowers in loan forgiveness programs were more likely to skip meals and face wage garnishment throughout the pandemic The COVID-19 pandemic forced one-third of student debt borrowers to use savings or credit cards to meet overall expenses The payment pause helped roughly 40 percent of student loan borrowers...
Research
Student Loans

Friday, July 29, 2022

Restoring Income-Driven Repayment

Income-driven repayment (IDR) plans are designed to help borrowers make affordable student loan payments for no more than 20 or 25 years, depending on the type of plan. However, the complexity of these programs has made it notoriously difficult for borrowers to navigate: The application process is lengthy and requires annual re-enrollment; Servicing errors and abusive practices keep low-income borrowers in IDR for too long; Lack of broad forgiveness has kept millions trapped in a cycle of debt. Download to continue reading.
Policy & Legislation
Student Loans

Pagination

  • Current page 1
  • Page 2
  • Page 3
  • Page 4
  • Page 5
  • Page 6
  • Page 7
  • Page 8
  • Page 9
  • …
  • Next page ››
  • Last page Last »
Displaying 1 - 10 of 128

Issues

  • Consumer Finance
  • Debt Collection & Settlement
  • Mortgage Lending
  • Overdraft Fees
  • Payday and Other Small Dollar Loans
  • Small Business
  • Student Loans

Support CRL

CRL circle

CRL operates on contributions from individuals and institutional funders. 

Donate Now 

Thank you for your support!

© 2023 Center for Responsible Lending. 
All rights reserved. 

Center for Responsible Lending 
302 West Main Street, 
Durham, NC 27701 
(919) 313-8500 

District of Columbia Office 
910 17th Street NW, Suite 800, 
Washington, DC 20006 
(202) 349-1850 

California Office 
1970 Broadway Suite 350, 
Oakland, CA 94612 
(510) 379-5500

Join Our Mailing List  
Sign up for updates on the fight against predatory lending.

Join a Mailing List

Building on Over 40 Years of Lending Experience

CRL’s expertise gives it trusted insight to evaluate the impact  of financial products and policies on the wealth and economic stability of Asian, Black, Latino, rural, women, military, low-wage, low-wealth, and early-career workers and communities.

CRL is an affiliate of Self-Help, one of the nation’s largest nonprofit community development financial institutions. Our work leverages the strength of partnerships with national and local consumer and civil rights organizations.

Stay Connected

‌‌‌‌

Footer menu

  • Home
  • About CRL
  • Issues
  • Research & Policy
  • Newsroom