Letters

552 community, civil rights, education, climate, health, consumer, labor, professional, food and farm, and student advocacy organizations urge the Biden Administration to immediately cancel student loan debt via executive action.

The SBPC, National Consumer Law Center, Student Debt Crisis Center, and Center for Responsible Lending wrote to the Education Finance Council, National Council of Higher Education Resources, and Student Loan Servicing Alliance regarding recently announced to income-driven repayment.

The SBPC and the U.S. PIRG Education Fund call on the CFPB to use its broad authorities over enforcement, supervision, and regulation in the consumer financial services marketplace to investigate and eradicate junk fees.

In a letter to the Department of Education, the SBPC exposes how Purdue University’s notorious “Back-A-Boiler” private student loan program puts students at risk and flagrantly violates the law.

In connection with the second session of ED's negotiated rulemaking on the 90/10 rule and Institutional and Programmatic Eligibility, the Center for Responsible Lending, and the SBPC sent a memo to ED warning about the risks of counting institutional loans a revenue.

Today, a group of 104 diverse advocacy organizations, including American Federation of Teachers (AFT), National Education Association (NEA) and UnidosUS, sent a letter to the Biden administration, calling on U.S. Secretary of Education Miguel Cardona to reform broken, dysfunctional income-driven repayment (IDR) programs with the creation of an IDR restoration...

Advocates commented on proposed rules for education financing products in California aimed at protecting borrowers from predatory education financing products.

In a letter to President Biden, the SBPC and over 200 organizations call on the administration to extend the pause on student loan payments scheduled to resume for millions of borrowers on January 31, 2022.

SBPC and a coalition of the nation’s largest unions sent letters to 25 large student loan companies demanding immediate action to ensure successful implementation of ED's recent overhaul of PSLF.

The SBPC and the Open Markets Institute warn the Consumer Financial Protection Bureau about the risks that emerging forms of employer-driven student debt pose for workers and markets.