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AFR/CRL Poll: Bipartisan Majorities See $1.5 Trillion Student Debt Burden As Crisis
August 9, 2018 – 6:02 am

Majorities of American voters across parties believe that the student debt burden – now at $1.5 trillion – represents a crisis for the country, according to a new poll. The survey also found widespread concern with efforts by Mick Mulvaney, the Trump official installed at the head of the Consumer Financial Protection Bureau, to gut the agency’s student lending office.

AFR/CRL Polling Memo: Majority of American Voters in Both Parties See “Crisis” In Student Debt Load
August 9, 2018 – 6:01 am

A new polling memo from Americans for Financial Reform and the Center for Responsible Lending documents the widespread agreement among American voters that the student debt burden, now at $1.5 trillion, is a crisis.

AFR Statement: AFR Criticizes Mulvaney Move to Manipulate Research, Curb Student Advocacy
May 9, 2018 – 1:04 pm

“What Mulvaney is really interested in is not serious research, but information that advances the interests of the Wall Street banks and predatory lenders he serves.”

AFR in the News: The Education Department just froze two key protections for students (The Nation)
June 15, 2017 – 1:21 pm

“The New York Times obtained draft memos showing that officials initially discussed using budgetary impact as the justification. In other words, they looked for whatever pretense could get them to stop the rule on behalf of for-profit operators. Alexis Goldstein, senior policy analyst at Americans for Financial Reform, called the action ‘a slap in the face to defrauded Americans,’ and accused DeVos’s agency of placing ‘the interests of wealthy for-profit college executives ahead of students striving for a better life.’”

Joint Letter to Congress: 50+ Organizations Urge Congress to Keep Rules That Protect Students and Taxpayers from Waste and Fraud in Higher Education
March 22, 2017 – 2:11 pm

“We believe protections for student and taxpayers should be strengthened, not scaled back. …Veterans, low-income students and students of color have been disproportionately harmed by predatory colleges. Last month, 16 organizations representing millions of military servicemembers, veterans, survivors, and military families voiced their strong support for these protections and urged Congress to fully uphold them.”

AFR in the News: New federal rules could make it easier to have student loans forgiven (Washington Post)
October 28, 2016 – 10:18 am

“[C]onsumer advocates worry that people already contending with the existing process still face an uphill battle. ‘If you do the math, there are well over 80 percent of folks who are eligible that either don’t know to apply or have applied and the Education Department hasn’t done anything with their application,’ said Alexis Goldstein, senior policy analyst at the progressive Americans for Financial Reform. ‘I don’t understand why the department is insisting on doing this person by person, instead of just approving students automatically.’”

Letter to Regulators: AFR Urges Dept of ED to Add Enforceable Borrower Protections to Servicing Contracts, Public Input to Solicitation Process
May 5, 2016 – 11:42 am

AFR wrote to the Department of Education and urged them to ensure their contracts with student loan servicers have strong protections for borrowers.

AFR in the News: Corinthian students may have a clearer path towards debt relief (Washington Post)
March 28, 2016 – 4:42 pm

“The pace of relief for wronged Corinthian students…remains far too slow, and its scope frustratingly narrow,” said Alexis Goldstein, senior policy analyst at the progressive Americans for Financial Reform. She pointed out that only students who took out loans after July 2010 are eligible for debt cancellation, which excludes borrowers with old bank-based federal student loans.