New law protects student loan borrowers from losing licenses

New law protects student loan borrowers from losing licenses. (MGN Online)

A new law will protect student loan borrowers from losing their professional licenses.

Before the bill, Illinois law allowed professional licenses to be revoked if a person fell behind on their student loan payments.

The new law covers licenses in 38 professions, such as teachers, occupational therapists and structural engineers, to name a few.

The new bill is now in effect.

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