Student debt is growing faster in Massachusetts than any other state — but a new law promises to help the Bay State combat this crisis.
On Jan. 6, in the final hours of the legislative session, state lawmakers passed the Student Loan Borrowers Bill of Rights, which will provide new protections against deceptive lending practices to nearly 1 million student borrowers across the state. Gov. Baker then signed the protections into law on Jan. 14.
MASSPIRG and MASSPIRG Students played a vital role in this major consumer victory by donating over $36,000 of patch-thru calling to the Hildreth Institute and Zero Debt Massachusetts in order to lobby legislative support for the bill. This donation was part of the Fund for the Public Interest Foundation's Calling for Action program that donates calling to campaigns of allied organizations who are committed to social change. In 2020, Fund for the Public Interest Foundation programs donated $2.1 million to 41 organizations.
“With the cost of college tuition skyrocketing, more students and families are driven to seek student loans to pay for it," said MASSPIRG Students Statewide Board Chair Silver Wolf. "These commonsense consumer protections are long overdue to prevent the student debt crisis from getting worse.”
See our full press release.
Read more about our campaigns to make higher education affordable.