In the News

Michael Pierce who served as a deputy assistant director of the Consumer Financial Protection Bureau during the Obama administration and is now at the Student Borrower Protection Center, has called for the administration to “make it clear that the student loan system will remain shut off as long as these...

And as Student Borrower Protection Center deputy executive director and managing counsel Persis Yu pointed out to Teen Vogue in her October interview, the plaintiffs seem to be using the plan’s restrictions to make a counterintuitive argument. If the original suit claims that part of the plaintiffs’ “harm” is that the plan...

PERSIS YU: I like to think about this lawsuit as, like, the toddler problem. If I can't have it, you can't have it either. And that's not how the law works. And it's not how the courts should apply the law.

Reaction to the ruling was predictably mixed along political fault lines. The Student Borrower Protection Center blasted Pittman as a “right-wing federal judge,” saying “tens of millions of student loan borrowers across the country now have their vital debt relief blocked as a result of this farcical and fabricated legal...

“This was the moment that people in Washington started to take student debt seriously,” Pierce said. Chopra’s agenda-setting work in those days, he said, helped shape monumental changes in the student-loan market over the next decade–including the Biden administration’s announcement this summer on student debt cancellation. 

"The most important thing is that people apply for debt relief. Nothing has changed," Mike Pierce, executive director and co-founder of the Student Borrower Protection Center, told ABC News. "The fact that the application is open, it is simple, it works, it is easy, and the administration is putting the...

The changes announced Tuesday “are good news for borrowers,” said Mike Pierce, the executive director of the Student Borrower Protection Center, an advocacy group. “The administration realized that the system was bending under the deadline, and they found a way forward for most people.”

“We have a politically motivated lawsuit about whether or not MOHELA’s right to make money is more important than the borrower’s right to get relief,” says Yu, a sentiment echoed by many student debt cancellation advocates, including Missouri congresswoman Cori Bush. It puts the financial interests of entities like MOHELA ahead of...

Aissa Canchola Bañez, senior advisor for policy and strategy at advocacy group Student Borrower Protection Center, told Insider that borrowers experiencing these challenges should be filing complaints with the Education Department. "The best way that we can change these practices is shedding light on just how egregious and how systemic some...

"Today, a federal judge confirmed what lawyers in and out of government have long known: Joe Biden can cancel student debt broadly and immediately," Mike Pierce, executive director of advocacy group Student Borrower Protection Center, said in a statement. "As right-wing politicians and corrupt corporations fight against this historic effort...