Industry-backed bill HB1519 would codify some of the lending industry’s worst practices – establishing interest rates exceeding 20% for private student loans For Immediate Release: April 26, 2023 Contact: Brent Adams | badams@woodstockinst.org | (773) 844-5544 Anusha Thotakura |...
Woodstock Institute and other consumer advocates are opposed to HB 1519, a bill backed by the Income Share Agreement (ISA) industry that would codify some of the industry’s worst practices — practices that saddle graduates with a mountain of...
We're proud to work with Consumer Federation of America to publish this report detailing alternatives to high cost loans and policy solutions to expand affordable options.
WTTW roundtable on Monday, Oct. 31 framed the student loan debate as part of the racial wealth gap in a conversation that included CEO Horacio Mendez. About 48 million Americans have student loan debt — totaling more than $1.75...