Every 28 seconds someone defaults on their student loans from the $134.3 billion in total outstanding student debt in California. As Chair of the Select Committee on Student Debt, Assemblywoman Cottie Petrie-Norris is at the forefront of the student debt crisis to find real solutions for the 44 million borrowers saddled in student loan debt.
Protecting the rights of the borrowers is imperative to our nation’s prosperity. The average student debt balance is $35,517, making it difficult for borrowers to buy homes, invest, and start businesses. To allow the next generation of Americans to innovate and succeed we must demand change and empower borrowers with financial literacy.
- End abusive practices by the student loan industry.
- Create new “rules of the road” for student loan companies.
- Create special protections for vulnerable populations.
- Create a new Student Borrower Advocate in California.
- Demand transparency from the student loan industry.
- Empower borrowers with financial literacy.
Student Debt Media
Assemblywoman Petrie-Norris Supports Creation of a Student Borrower Bill of Rights
California State Assembly Select Committee on Student Debt Informational Hearing
Friday, May 17 at 10 a.m. – 12:30 p.m.
Hosted by: Assemblywoman Cottie Petrie-Norris in association with NextGen Policy, Consumer Law Clinic at UCI and the Associated Students of the University of California, Irvine (ASUCI)
UC Irvine School of Law - EDU 1121 Robinson Court Room
Followed by: Free Student Loan Debt Workshop, by Student Debt Crisis and NextGen Policy
UC Irvine School of Law - Classroom EDU 1111
12:30 p.m. - 2:00 p.m. Light lunch provided