Student Loan Protection Bill Signed

(Providence, RI)--Legislation dubbed a student loan bill of rights was signed on Monday by Governor Gina Raimondo.The legislation, which had backing from the state treasurer and attorney general, requires student loan servicers to register with the state and allows state regulators to examine their business practices.It also allows the state to penalize servicers who violate borrower rights and to seek restitution on their behalf.


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