Bonamici, McBath, Wild Introduce Legislation to Provide Safety Net for Student Loan Borrowers

"If the Education Department resumes federal student loan payments as planned, it is imperative that borrowers be protected from financial harm and have easy access to clear information and affordable repayment options,” said Michele Shepard, TICAS Senior Director of College Affordability. “We applaud Reps. Bonamici, McBath, and Wild for introducing this important legislation to create key safety nets for millions of borrowers."

"If the Department of Education restarts payments later this year as announced, easier access to low and $0 payments will be important protections for all borrowers, but especially those hit hardest by the pandemic," said Sarah Sattelmeyer, Project Director for Education, Opportunity, and Mobility at New America.

Read the full press release here.