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