Domino: A Blog About Student Debt

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.

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.

For too long, the Department of Education has chosen to squeeze blood from a stone rather than change the practices and rules that keep borrowers trapped in default.

Yesterday, a group of brave active duty servicemembers was featured sharing their firsthand accounts of student loan challenges with CBS News’ “60 Minutes” show.

We now know that a generation of student loan borrowers remain trapped in this broken system and that, without structural changes by ED, IDR will not offer a viable way out for these borrowers in the future.

A new SBPC report sounds a warning that failures in the design of the IDR application process may exacerbate the unevenness of pandemic recovery along racial lines.

Too many public service workers with older federal loans discover they can't get PSLF because they have the wrong type of loan, while industry and ED block these borrowers from taking steps to secure relief.

Servicemembers across the country are continually being denied promised student loan relief through the Public Service Loan Forgiveness program even after a decade or more of service in uniform. This fact is a national disgrace.