In the News

“The borrowers most likely to struggle disproportionately come from lower-income households — the families least prepared to weather the public health and economic crises that gripped the country in 2020,” Mike Pierce, the executive director of the Student Borrower Protection Center, said Friday on a call that the White House...

“The court must see these lawsuits as the partisan sham they really are and protect the Biden administration’s historic relief plan,” said Ben Kaufman, director of research and investigations at the Student Borrower Protection Center. “Borrowers deserve better than to be treated like political pawns — lives and livelihoods are...

There is, however, another legal mechanism to stop harmful and mobility-restricting TRAPs: consumer law. In BreAnn’s case, PetSmart engaged in unfair and deceptive acts and practices (UDAPs)—prohibited by consumer law—by, among other things: advertising the Grooming Academy as “free” when it was not; requiring a repayment amount far exceeding the...

“The borrowers most likely to struggle disproportionately come from lower-income households — the families least prepared to weather the public health and economic crises that gripped the country in 2020,” Mike Pierce, the executive director of the Student Borrower Protection Center, said Friday on a call that the White House...

While the justices and attorneys debate these broad legal questions inside the court house, hundreds borrowers and advocates will be rallying outside. The idea behind the gathering, which a coalition of student loan advocacy organizations, civil rights groups, labor unions and others is hosting is to “keep bringing the story...

“This is an extraordinary nearly unprecedented outcome for lawsuits that were filed just a few months ago,” Mike Pierce, a former senior regulator, attorney, and executive director of Student Borrowers Protection Center (SBPC), said at the SDCC town hall. “We’ve skipped through every step of the normal judicial process —...

Proponents of the relief include two top labor unions, the National Education Association and the American Federation of Teachers; a coalition of city and county governments nationwide; 21 Democratic-led states and Washington, DC; and liberal-leaning advocacy groups such as the Student Borrower Protection Center and NAACP.

“This is a lot of people, 40 million, and about half would be debt free as a result of this program,” said Persis Yu, managing counsel of the Student Borrower Protection Center, one of the groups hosting the protest. “The other thing that’s really important to recognize is that as...

Groups across the country wanting at least some student debt erased plan to rally on Tuesday in front of the Supreme Court building, including some from Georgia. The New Georgia Project Action Fund is mobilizing about 45 young borrowers of color for a bus trip from Atlanta to Washington, D.C.,...

On the day of the oral arguments on Feb. 28, more than 20 advocacy groups and several congressional Democrats are planning to rally outside the Supreme Court. Some of those groups include the NAACP, the Student Borrower Protection Center, American Federation of Teachers and New Georgia Project.