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SBPC has uncovered new evidence that GAs stole millions of dollars from borrowers and illicitly refused tens of millions of dollars of refunds after already getting caught breaking the law.

SBPC Provides Federal Regulators With Evidence of New SoFi Scheme to Sell Fake Financial Product Using FDIC’s Likeness March 22, 2023 | WASHINGTON, D.C. — Moments ago, the Student Borrower Protection Center (SBPC) sent a letter to the Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) demanding...

Corporations Have Turned to Employer-Driven Debts to Undermine Worker Power March 21, 2023 | WASHINGTON, D.C. — The U.S. Department of Labor (DOL) filed its first-ever lawsuit against a company for allegedly using a “stay-or-pay” contract that required employees to pay the employer if they leave their job before the...

The SBPC released a new report exposing a back-room deal between the failed for-profit coding bootcamp Make School and the nonprofit college Dominican University that aimed to mislead accreditors, state regulators, and prospective students while getting Make School access to federal student aid dollars.

CFPB releases bulletin demanding student loan servicers halt and return unlawful debt collection on loans discharged through bankruptcy.

A report from Virginia's Secretary of Education points to a massive and growing institutional debt burden disproportionately harming many of the state's most historically marginalized students.

Leading advocacy organizations for student loan borrowers had harsh words for SoFi. Criticizing SoFi’s CEO as “a financial vulture gorging himself on our bloated and broken student loan system,” Student Borrower Protection Center’s Executive Director Mike Pierce said in a statement that, “The real story here is the huge risk...

Ella Azoulay [Research & Policy Analyst, Student Borrower Protection Center], a 26-year-old who lives in Washington, visited the rally to join the push for debt relief, which she calls a “family issue.” A 2018 graduate of New York University, Azoulay has $40,000 in student debt, while her dad has more...

Amici curiae to nation’s highest court: student debt relief is lawful and urgently needed to address the effects of the COVID-19 pandemic.

New research from the Student Loan Law Initiative shows that the payment pause was even more helpful and even better targeted than previously understood for California borrowers.