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All financial aid, including grants and federal student loans, should be exhausted before a student is offered an ISA.

During declared emergencies, federal student loan providers should defer payments automatically without penalty or interest.

People who seek to take out or cosign student loans should receive clear information on their responsibility for repaying the loan.

Federal policymakers should expand the circumstances in which student debt is dischargeable in bankruptcy (see al

Social Security benefits should not be garnished, levied, or offset to collect federal student loan debt (see als

Mandatory binding arbitration and restrictions on participating in class action lawsuits should ideally be prohibited in higher education contracts (

Consumers should have access to credit on fair and reasonable terms.

Policymakers should establish reasonable interest rate ceilings for all lenders.

Regulators should eliminate unfair, deceptive, or abusive practices in the alternative financial services industry.

Programs that offer early wage access or pay advance benefits should be regulated as loans subject to state and federal law (see also