All depository institutions should be required to provide an adequate level of banking services to individuals, including customers with low incomes.
Policymakers should conduct robust oversight and enforcement related to scams and fraud.
Higher education institutions should set tuition and fees in a manner that ensures affordability and increases educational opportunities for all.
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.
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