Domino: A Blog About Student Debt

t year, the SBPC fought to rewrite the rules for people with student debt. In a moment that demands sweeping change, we've made critical progress and will continue to work tirelessly to ensure families with student debt can prosper and to restore the promise of higher education as a gateway...

In the coming weeks, tens of millions of American households will face a combination of financial catastrophes: the new Omicron variant rapidly upending our economic recovery, Congress yanking badly-needed Child Tax Credit (CTC) benefits away from working families, and the return after almost two years of debilitating monthly student loan...

California has long been a leader in student borrower protection. A new memo outlines how policymakers and law enforcement in the Golden State can protect borrowers from predatory income share agreements.

As training repayment agreements increasingly become a more prominent contractual weapon that corporations use to restrict worker mobility, it’s time for watchdogs and policy makers at every level to take action.

New data from the Department of Education (ED) paint a bleak picture of the student loan system’s failure to deliver the most financially distressed borrowers relief that they are entitled to under the law during COVID.

The SBPC is launching a resource center on its website for borrowers to provide them with clear and accurate information, source pain points and barriers that they experience, and direct those who need it to additional assistance. 

It’s time for Washington to end the asset-backed boondoggle that harms borrowers while lining Wall Street’s pockets.

As borrowers attempt to navigate access to the Department of Education’s new PSLF Waiver, it’s important that issues borrowers face are being recognized and addressed. To help identify recurring problems, we want to hear about your situation and roadblocks you have faced accessing the PSLF waiver.

A new memo provides a clear roadmap the Department of Education can use to remove unnecessary constraints for PSLF qualification, hold borrowers blameless for well-documented industry abuses and failures, and change ED’s own policies and procedures for overseeing the program.

It’s time for Congress to afford borrowers who take on shadow student debt the same protections as everyone else.