Domino: A Blog About Student Debt

Today we are releasing a snapshot of state-by-state statistics on student loan debt. This data should be front and center as policymakers consider actions to protect Americans from the economic effects of the global coronavirus pandemic.

Student loan companies were woefully unprepared to help borrowers grapple with the coronavirus long before tens of millions of borrowers were told they would need to contact their student loan servicer to secure payment relief. As borrowers in distress seek help over the coming days and weeks, the student loan...

As America is gripped by a once-in-a-century public health crisis and hurtles toward a long and deep recession, policymakers in the Trump Administration and on Capitol Hill are looking for policy levers to blunt the effects of this turmoil. Helping student loan borrowers in distress needs to be a key...

The Student Borrower Protection Center (SBPC) and the American Federation of Teachers (AFT) are co-hosting a free webinar focusing on student loan repayment during the coronavirus pandemic.

The Department of Education’s (ED) most recent quarterly update on its student loan portfolio contained a crucial number that seems to have gone widely overlooked: 1,228,600. That figure represents the cumulative total of unique federal student loan borrowers who defaulted on their loans (that is, reached a full 361 days...

The Student Borrower Protection Center, Americans for Financial Reform Education Fund, the National Community Reinvestment Coalition, and the National Consumer Law Center today raised concerns to the ARRC with various aspects of industry’s transition from LIBOR to spread-adjusted SOFR.

This morning, we released new analysis showing how these private student loan collection practices are harming borrowers across the country—and hitting borrowers in Maryland particularly hard. Creditors are dragging Maryland borrowers into court for debt they often do not owe. Lacking the documents necessary to back up their claims, these...

For-profit schools have a long track record of engaging in fraudulent and deceptive tactics to entice vulnerable students to enroll—often charging significantly more than their nonprofit counterparts. Once enrolled, many of these students are pressured into taking out high-cost loans for what are often worthless degrees.

To help move the needle, today, the Student Loan Law Initiative, a partnership of the Student Borrower Protection Center (SBPC) and the University of California, Irvine School of Law (UCI Law), is launching a new grants program to support researchers who want to begin tackling these questions.

In her complaint, filed by our partners at the National Consumer Law Center and Justice Catalyst Law, she alleges that the company ignored its duty to stop collecting against her—a right she is guaranteed under rules that protect borrowers defrauded by for-profit colleges. In the process, her student loan company...