Attorney General: Student loan bill of rights to be signed by Governor

Providing better protections for student loan borrowers

Attorney General Bob Ferguson reports that the Student Loan Bill of Rights, sponsored by his office,  passed the state House of Representatives with a bipartisan vote of 87 to 11. The bill previously passed the Senate 35 to 13. Now that it has passed the Legislature, it will head to the Governor’s desk for signature.

The Student Loan Bill of Rights will create a dedicated student loan advocate and adopt basic ‘rules of the road’ for student loan servicers.

This doesn’t absolve Washington borrowers of their responsibility to repay their loans. Rather, it simply ensures servicers treat student borrowers fairly.

This will provide the more than 800,000 Washington student loan borrowers with better protections and more information resources to navigate the often-complex process of repaying student loans.