Bipartisan Push for Student Loan Transparency

In The News Piece in Inside Higher Ed
Aug. 16, 2019

Clare McCann is quoted in Inside Higher Ed on College Transparency Act. She suggested that more disclosures alone won't move the needle for struggling borrowers seriously.

"It's obvious to pretty much everyone that borrowers are confused by their loans -- but unfortunately, monthly disclosures just aren't a cure for the larger disease here, which is a complex, unnavigable, Byzantine repayment system," said Clare McCann, deputy director for federal higher education policy at New America's higher education initiative and a former Education Department official.