Massachusetts Senate OKs Bill Aimed at Student Loan Lenders - NECN


The latest news from around the state

Massachusetts Senate OKs Bill Aimed at Student Loan Lenders



    Real Estate Deals

    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.

    Survivor of Santa Fe HS Shooting: 'I Was Scared for My Life'

    [NATL] Survivor of Santa Fe High School Shooting: 'I Was Scared for My Life'

    Dakota Shrader, a student from Santa Fe High School, describes what happened when shots were fired during her morning history class. Multiple people died during the shooting.

    (Published Friday, May 18, 2018)

    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 necn anywhere, anytime

    • Download the App

      Available for IOS and Android