“These lawsuits reinforce an oppressive student loan repayment system that favors the interests of big businesses at the expense of low-income borrowers and borrowers of color,” said Nadine Chabrier, Senior Litigation and Policy Counsel at the Center for Responsible Lending. “By choosing to protect the profits of exploitative loan servicers over students seeking relief from excessive loan repayments that limit their financial options, courts have created further confusion in a system that already was failing to effectively administer loan repayments or provide accurate information to borrowers about the status of their loans.”
