Schools
Colorado Joins 31 States In Case Against Student Loan Servicer Navient
"People who have student debt, it's like having a second mortgage, in some cases, even more," said Attorney General Phil Weiser.
DENVER (CBS4) – Hundreds of thousands of Coloradans are trying to pay off their student loans and a high-profile, private loan servicer is under investigation. Colorado Attorney General Phil Weiser joined 31 other state attorneys general in protecting states’ rights to protect consumers against these companies.
“People who have student debt, it’s like having a second mortgage, in some cases, even more,” said Weiser, pointing out that more than half of Colorado students will graduate with student loan debt, averaging $26,530 per student.
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