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As the world grapples with the fallout of the coronavirus pandemic, student loan companies cannot be allowed to continue making billions on the plight of student loan borrowers. And yet, even for many borrowers of federal student loans, this is precisely what the CARES Act will permit.

Today Student Borrower Protection Center Executive Director and former CFPB Student Loan Ombudsman Seth Frotman issued the following statement on how the CARES Act fails to deliver critical relief for student loan borrowers.

On February 21, 2020, legal scholars and advocates from around the country gathered at the campus of UCI School of Law for the first ever law review symposium dedicated exclusively to the question of student loan law.

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.

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...