student loan advocate bill

Student Loan Advocate Bill Passes Senate Commerce & Consumer Protection Committee

SAINT PAUL, Minn. – On Tuesday, Senator Tou Xiong (DFL-Maplewood) presented and testified in support of his bill to create a student loan advocate role in the Minnesota Department of Commerce. The bill, SF 998, funds the new office and outlines the duties of the advocate, who would help to resolve complaints from borrowers, provide information on borrowers’ rights and responsibilities, and make public reports and recommendations, among other responsibilities.