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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.

As Americans face the economic fallout from the coronavirus, the American Federation of Teachers (AFT) and the Student Borrower Protection Center (SBPC) today sent letters to government and industry leaders across the student loan system demanding action to protect student loan borrowers during this nationwide crisis. The organizations sent letters...

Student Borrower Protection Center Executive Director and former CFPB Student Loan Ombudsman Seth Frotman released the following statement on Washington's plan to send checks directly to American families as part of a $1 trillion stimulus package in response to the coronavirus crisis.

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.

Student Borrower Protection Center Executive Director and former CFPB Student Loan Ombudsman Seth Frotman released the following statement on the lawsuit announced today by the National Consumer Law Center and Justice Catalyst Law against Maximus, Inc.

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...