How to navigate student debt during the COVID-19 pandemic

March 26, 2020

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…

New Era Colorado COVID-19 Update

March 16, 2020

Here at New Era Colorado, we prioritize the safety and wellbeing of our staff and our communities. In light of the current situation regarding the Coronavirus (also known as COVID-19), New Era Colorado has developed the following guidelines regarding our operations with the intention of keeping our staff, partners, and communities safe. Please note, this…

Please welcome our next Executive Director!

December 17, 2019

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

July 31, 2019

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…

The Colorado Capitol in front of a clear blue sky

Advocates Cheer Passage of Student Debt Reform Bill

May 1, 2019

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

January 22, 2019

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…

Former CFPB staffer Seth Frotman answers questions while sitting at a table

STATEMENT: Resignation of Top Student Loan Watchdog

August 28, 2018

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…