Author: neweracolorado
-
How to navigate student debt during the COVID-19 pandemic
Last Updated: December 11, 2020 Right now, over 761,000 Coloradans are working to pay back over $27.7 billion in student loan debt, and this burden is especially high for rural Coloradans and communities of color. The student debt crisis requires long-term solutions and we know that the COVID-19 pandemic has only exacerbated the impacts that…
-
Please welcome our next Executive Director!
We’re thrilled to close out an already incredible 2019 with an exciting announcement: New Era Colorado’s board of directors has enthusiastically and unanimously selected Nicole Hensel to be New Era’s next Executive Director! Over the last several months, we’ve conducted a national, highly competitive search for New Era’s next leader—and Nicole impressed us at every…
-
New Era Advocacy Director Appointed For Higher Ed Commission
Our Advocacy Director, Charley Olena, was just appointed by Governor Polis to serve on the Colorado Commission on Higher Education! It’s essential for our generation to have a seat at the table with issues like higher education that directly impact us. Congratulations to Charley for this incredible honor—we’re so excited for her to fight for…
-
Advocates Cheer Passage of Student Debt Reform Bill
Denver— This afternoon, the Colorado legislature gave the final thumbs up to Senator Faith Winter’s SB19-002, a bill that will bring oversight of student loan servicers in line with other consumer loan providers in the state. Among licensing requirements and establishing prohibited actions for student loan servicers operating in Colorado, the bill will add a…
-
New Analysis: 730,000+ Coloradans Suffer Under Historic Levels of Student Debt
As the Legislative Session Begins, Student Loan Borrowers of All Ages in Colorado Now Owe More Than $26 Billion in Student Debt WASHINGTON, D.C. – Today, the Student Borrower Protection Center (SBPC) and New Era Colorado released new analysis demonstrating the scale of the student debt crisis in Colorado. A new analysis of government data…
-
STATEMENT: Resignation of Top Student Loan Watchdog
WASHINGTON— Seth Frotman, the Student Loan Ombudsman at the Consumer FInancial Protection Bureau tasked with overseeing the student loan market, resigned this morning. In a scathing resignation letter to Acting Director Mick Mulvaney, Frotman states that the current administration has “has turned its back on young people and their financial futures,” and “abandoned the very consumers…