New York Attorney General Andrew Cuomo visited Port Jefferson Friday to talk about a new state student loan law that gives college students a bill of rights.

Students will get unbiased advice about loans and lenders, including how a school selects a lender and information about benefits or discounts offered. They will also receive advice about the interest rates lenders charge.

The law comes after New York Attorney General Andrew Cuomo began cracking down on student loan practices, namely deals between lenders and universities that he said end up ripping off students and their families.

"This is a nationwide crisis and we have to address it now before another class of students go to college and get victimized on those loans,? Cuomo said.

Cuomo said the law could save college-bound kids and their parents a lot of money.

New York's student bill of rights is the first of its kind in the nation. Lawmakers on Capitol Hill are considering similar federal legislation.