Massachusetts Senate OKs Bill Aimed at Student Loan Lenders - NBC10 Boston

Massachusetts Senate OKs Bill Aimed at Student Loan Lenders

    processing...

    NEWSLETTERS

    Massachusetts Senate OKs Bill Aimed at Student Loan Lenders

    The Massachusetts Senate has passed a bill supporters are calling a student loan bill of rights.

    The bill — approved unanimously by the Senate on Wednesday — aims to will help protect students from unfair, predatory, and deceptive practices from student lending and loan servicing companies.

    The bill would require a new licensing regime for student loan companies and build on Democratic Attorney General Maura Healey's efforts to create a student loan ombudsman to be a one-stop shop to handle complaints of student loan abuse.

    The proposal would also let the state Division of Banks better address student loan complaints.

    Avalanche Buries Unknown Number of People in NM

    [NATL] Avalanche Buries Unknown Number of People in NM

    Ski Patrol and first responders are working to rescue an unknown number of skiers buried in an avalanche at Taos Ski Resort in New Mexico

    (Published Thursday, Jan. 17, 2019)

    The group MASSPIRG said similar bills have passed in Connecticut, Washington and Illinois and have been filed in a dozen other states.

    The bill now goes to the Massachusetts House.


    Get the latest from NBC Boston anywhere, anytime:

    App

    Download our FREE app for iPhone, iPad and Android. You can also follow us on Facebook, Twitter and Instagram, and sign up for our e-mail newsletters.