Read Important Information for Student Loan Holders: Automatic Payment Suspension and Other Relief During COVID-19.

In New York City, more than one in six—or approximately 1 million—adults have at least one student loan and collectively they owe $34.8 billion. Given the negative impact that student loan debt has on the daily economic lives of New Yorkers and the detrimental effect it has on achieving equality in our city, the Department of Consumer and Worker Protection (DCWP)—formerly Department of Consumer Affairs (DCA)—is employing a multi-pronged approach of education, advocacy, and enforcement to tackle this issue. Learn about our public education campaign, Be Real About Student Loans

Read tips before enrolling in a school or training program

Read tips before taking out student loans for yourself or a child

Read tips once you have student loans

Make a plan to manage your debt. Get free in-person help