The recent law enforcement crackdown on for-profit colleges is well documented. These schools mislead students by promising a fast track to a brighter future and then loaded students up with mountains of debt for worthless degrees—a form of consumer fraud that stretches back for decades. But the public may be...
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Readers of this blog will not be surprised at the sheer number of Americans who are burdened by student debt—more than 44 million—or the jaw-dropping aggregate debt load that easily tops $1.4 trillion dollars. Nor will readers be surprised that borrowers are struggling under the weight of that debt. What...
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Today, the Student Borrower Protection Center partnered with the Kentucky Equal Justice Center (KEJC) to support Attorney General Beshear’s fight to protect student loan borrowers.
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Hundreds of thousands of student borrowers, including 42,000 veterans, qualify to have their student loans cancelled because of a total and permanent disability (TPD). Yet few eligible borrowers take advantage of this benefit, in part because they have to actually ask for it. The Department of Education (ED) knows who...
Learn More This week, we announced a new partnership between the University of California, Irvine School of Law and SBPC. Our project, the Student Loan Law Initiative, is a first-of-its kind collaboration between scholars and advocates to bring an end to the student debt crisis by creating a new foundation of legal...
Learn More In the three minutes it takes you to read this blog, another six student loan borrowers will needlessly default on a student loan. These defaults will destroy their credit and jeopardize their financial future. It may even cost them their job.
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