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Forbes

Republicans To Advance Plan Reversing Student Loan Forgiveness Approvals For Millions

Millions of student-loan borrowers would be forced into ‘abrupt and unplanned repayment’ if Republicans’ plan to overturn Biden’s debt cancellation gets passed, 261 advocacy groups tell Congress

The Chronicle of Higher Education

Advocacy Group Urges U. of California to Do Away With Boot Camps Run by OPMs

Biden’s student loan help would be ‘annihilated’ by GOP bill

New Georgia Project, SBPC talk Black student debt

They recruited IT staffers with the promise of a prestigious career. But there’s a catch — workers had to stay for two years or pay nearly $24,000

California bill aims to help students with institutional debt

Assemblymember Blanca Pacheco introduced a bill that would prohibit California schools from withholding degrees or certificates from students if they owe money. “With the current enrollment crisis, it is important that we help students with removing barriers in attaining their higher education goals and understand what else we must do to address...

Forbes

Is The Student Loan Pause Now In Jeopardy? New Legal Challenge Seeks To Stop It

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...

SoFi Bank sues to block Biden’s student loan payment pause

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...

‘Financial Vulture’ SoFi Sues to Block Biden’s Student Loan Repayment Pause

Founded in 2011, SoFi “was once the leader of a booming private student loan refinancing industry,” according to to the Student Borrower Protection Center (SBPC), a nonprofit advocacy group. SoFi’s stock price has plummeted by more than 70% since its peak. “SoFi CEO Anthony Noto is a financial vulture gorging...

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