Domino: A Blog About Student Debt

This week, for the first time ever, the U.S. Department of Education is asking for the public to share their stories about public service and debt forgiveness. Now is the time to call for the government to keep its promise to public service workers.

Accounts for 8.5 million federal student loan borrowers will have to be transferred to a new servicer in a few short months. Additionally, unless the Biden Administration takes action to extend the payment pause on federal student loans, this large transfer will take place just after payments for tens of...

The embattled student loan giant known as PHEAA announced that it intends to exit its role as a federal student loan servicer. Here are just 14 of the many questions that demand immediate answers from PHEAA and the Department of Education.

Our analysis of new data uncovers stark racial disparities at the local level in student debt distress.

Right now, the 650,000 California student loan borrowers who owe more than $10 billion in private student loan debt remain vulnerable to this shocking range of harm and abuse if they fall behind. California legislators can change this.

Unless the administration takes swift and decisive action, cash made available through one of “the most important tools that the nation has in its arsenal to fight poverty” will soon be denied to struggling student loan borrowers and instead intercepted by the Department of Education (ED).

The results of a new investigation published today by the SBPC illustrate yet another way that ISA providers have premised their business on illegal tactics, as well as the broad scope of legal liability that ripples out of these practices for ISA companies and their enablers.

This report examines the continued problems within the credit reporting system with a focus on widespread inaccuracies by companies that furnish credit information, including student loan servicers.

One key area where reform and strengthened consumer protections are needed is the market for school-sponsored prepaid cards and debit cards linked to deposit accounts (“campus cards”). These cards are meant to help students conveniently access money from federal student aid left over after tuition and fees are paid, including...

The practice of building credit products with income-based repayment features and subsequently attempting to evade consumer protection law is rapidly growing. Without action by regulators, ISAs could be the next chapter in the long history of predatory lending.