NEW YORK -- During her first trip to Buffalo since becoming the Democratic nominee for Attorney General, Letitia “Tish” James today held a roundtable on the student loan crisis. During the event, she spoke with Buffalo students about the impact debt has on their lives, and outlined her plan to use the powers of the Attorney General’s office to fight student debt and hold fraudulent for-profit colleges accountable.
In addition to the students, Tish was joined by Senator Tim Kennedy, Assemblymembers Sean Ryan and Monica Wallace, and Medaille College President Ken Macur.
“A college degree should provide a pathway to a bright future, not lead to insurmountable debt. But for too many students, for-profit colleges, abusive student lenders, and the Trump Administration are turning the American dream into a nightmare. As Attorney General, I will not hesitate to stand up for our students -- and fight back against these bad actors,” said Democratic Attorney General nominee Letitia “Tish” James.
Highlights of her policy brief include:
Investigating and prosecuting for-profit colleges who engage in fraud and racial discrimination;
Suing to stop the federal government from rolling back for-profit college regulations;
Bringing legal action against abusive lenders, debt servicers, and debt relief companies;
Creating online tools to provide data on loans that the federal government refuses to supply;
Building a program with advocates to share and analyze data to identify bad actors and new deceptive practices; and
Pushing to reform New York’s Consumer Protection Law to better regulate student loans.