Student Loan Bill of Rights passes Senate, with strong support from Friedman Press Release

BOSTON — On April 11, Senator Cindy Friedman (D-Arlington) joined her Senate colleagues in voting to pass the “Student Loan Bill of Rights,” giving greater protections to student loan borrowers in disputes with companies servicing their loans.

“Students pursuing a higher education degree are experiencing a debt crisis as a result of steadily rising tuition costs at our colleges and universities,” said Senator Friedman. “The crisis has impacted many young people in our state and as a result, they are being taken advantage of and falsely led into costly repayment plans by student loan companies. This bill entitles our students to appropriate consumer protections, provides them with the tools and resources they need, and ensures that predatory student loan servicers are kept in check through proper oversight.”

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