Student Loan Servicing Legislation

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Presentation transcript:

Student Loan Servicing Legislation

CONNECTICUT “An Act Concerning a Student Loan Bill of Rights” - Public Act No. 15-162 - signed into law July 2, 2015 - certain administrative provisions effective October 1, 2015 - servicer requirements and prohibitions effective July 1, 2016

“Student Loan Borrower’s Bill of Rights” CALIFORNIA “Student Loan Borrower’s Bill of Rights” AB 2251 Introduced February 18, 2016

Other State Bills: Rhode Island: introduced January 8, 2016 Michigan: introduced April 21, 2016 New Jersey: introduced February 22, 2016 Virginia: introduced January 13, 2016 Washington: introduced January 29, 2016

Contact: Jennifer Song jennifer.song@doj.ca.gov