Lawyer General Healey Applauds Education Regulations To assist College students Located Loan Rescue
BOSTON – Massachusetts Attorney General Maura Healey co-provided a beneficial coalition away from 19 attorneys general within the commending this new U.S. Institution off Degree because of its much-reaching suggested regulatory reforms and also in urging the new Company to adopt most advancements to get to equitable and you may clear relief to have student borrowers.
When you look at the , AG Healey established a settlement with Pennsylvania Advanced schooling Assistance Agency (PHEAA), d/b/a great FedLoan Servicing, you to definitely secured thousands of personal financing account audits and you may related financing membership adjustments, along with loans having PSLF qualifying money, to possess Massachusetts student loan borrowers whose federal fund have been before maintained by PHEAA
The coalition filed societal statements in order to Education Secretary Miguel Cardona, installment loans in Hamilton Mississippi supporting the Department’s suggested transform so you’re able to its Borrower Safety, Public service Mortgage Forgiveness (PSLF), and you can Finalized College Launch statutes, if you are suggesting additional change to help benefit individuals.