Older Americans Increasingly Taking On Student Loan Debt From Harlem To Hollywood

Consumer Affairs reports that across the nation, senior citizens are collectively carrying $86 billion in student loan debt — a figure that rose 161 percent between 2010 and 2017, the Wall Street Journal reported. Continue Reading →

Department Of Consumer Affairs Launch Student Loan Debt Clinics From Harlem To Hollis

The NYC Department of Consumer Affairs (DCA) Commissioner Lorelei Salas today announced the launch of DCA’s Student Loan Debt Clinics and the release of DCA’s “Quick Tips Once You Have Student Loans” to help New Yorkers understand their student loans and how to repay them. Continue Reading →

Student Loan Outcomes Vary From Harlem To Hollis Yet Higher Among Older Borrowers And Low Incomes Areas

The NYC Department of Consumer Affairs (DCA) Office of Financial Empowerment (OFE) and the Federal Reserve Bank of New York today announced the findings of Student Loan Borrowing Across NYC Neighborhoods (the Report), the first neighborhood-level examination of student loan outcomes. Continue Reading →