Testimony in Support of HB2588: Regulating the Practices of the Student Loan Industry

This written testimony focuses on three key areas of concern in support of HB 2588 to protect Oregonians from abusive practices by student education loan servicers:

1. Oregon’s student loan debt crisis deepens the racial wealth gap and harms older Oregonians
2. Abuses by student loan servicers prolong and deepen the student loan debt crisis, further increasing the racial wealth gap and harm to older Oregonians
3. The federal rollback of existing protections bolsters need for state action

Download the complete testimony. (PDF)