On January 4th, NextGen California hosted a virtual briefing for California state legislators and their staff regarding the impacts of AB 1160 (Pacheco), the “Protecting Students from Creditor Colleges Act”. The virtual briefing closely looked at the findings in a new policy brief written by a group of leading student loan experts and academic researchers from UC Merced, the UC Irvine School of Law, and the UC Berkeley School of Law. The policy brief explains how AB 1160 would address the educational barriers and economic harms associated with “institutional debt” – debt that students owe directly to their schools.
Watch a full recording of the briefing to learn how AB 1160, if passed, would provide much-needed consumer protections for students and families; increase student re-enrollment in California’s higher education segments; and help the state achieve its various higher education completion goals. Special thanks to our co-hosts and the author of AB 1160 Assemblymember Pacheco, as well as the students, fellow co-sponsors, leading student loan experts, academic researchers, and advocates who joined us.