Obama Signs Student Aid Bill of Rights
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Obama Signs Student Aid Bill of Rights

October 12, 2019


THERE’S GOOD NEWS FOR THE 40 MILLION AMERICANS WITH STUDENT LOANS… REPAYMENTS MAY BE GETTING A LITTLE EASIER TO UNDERSTAND AND MANAGE. TODAY, PRESIDENT OBAMA SIGNED A “STUDENT AID BILL OF RIGHTS” TO ENSURE AFFORDABLE LOAN REPAYMENT. IT’S ESTIMATED THAT MORE THAN 70% OF STUDENTS WHO GRADUATE WITH A BACHELOR’S DEGREE.. INCUR DEBT OF MORE THAN $20- THOUSAND DOLLARS. THE WHITE HOUSE SAYS IT WILL HAVE A SYSTEM IN PLACE BY NEXT YEAR TO BETTER ADDRESS AND OVERSEE COMPLAINTS FROM BORROWERS ABOUT LENDERS AND COLLECTION AGENCIES.

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