Press Release
Community Service Society President and CEO David R. Jones Discusses New York’s Student Loan Debt Crisis on WABC-TV’s “Here and Now”
More than 2.4 million New Yorkers have outstanding student loan debt, with a cumulative debt of over $90.6 billion. The average New York State borrower owes approximately $38,000, and more than 270,000 are in delinquency. The problem is particularly acute among women, communities of color, veterans and the elderly.
How can distressed borrowers in New York get help addressing their student loan debt and avoiding decisions that could lead to financial ruin?
That question was put to David R. Jones, President and CEO of the Community Service Society, as a guest on WABC-TV’s “Here and Now.” David’s interview will air on Sunday, Feb. 16, at noon on WABC-TV’s Channel 7. He was joined in the discussion by Carolina Rodriguez, Director of the Education Debt Consumer Assistance Program (EDCAP).
EDCAP helps borrowers with a range of student loan debt issues, from selecting the best repayment option, resolving issues with servicers and lenders, to getting out of default and preventing wage garnishments and social security offsets. For more information, please go to www.edcapny.org or call 888-614-5004.