Press Releases

If Donald Trump actually cared about lowering costs for working people across this country and not just throwing red meat to his base, he would shut the student loan system down.

Advocates call on Congress to convene emergency hearing, demand answers, and hold Linda McMahon accountable.

The 1.8 million-member AFT sued ED for effectively breaking the student loan system, denying borrowers’ access to affordable loan payments and blocking progress towards PSLF, in violation of federal law.

Straight from the Project 2025 playbook, this reduction in force is a calculated step to further destabilize the lives of students and working families.

Today, President Trump signaled his intent to sign an executive order to revoke eligibility for Public Service Loan Forgiveness (PSLF) from borrowers employed at non-profit organizations engaging in work opposed by the Trump Administration.   

SBPC, UC SLLI, and Protect Borrowers Action are proud to announce a new cohort of fellows who will bring their deep experience serving across the White House, CFPB, and the FTC to the fight to protect borrowers.

Trump leadership at the CFPB dropped a major enforcement case against Zelle and three banks, Wells Fargo, Bank of America, and J.P. Morgan Chase.

Today, the United States Senate is expected to vote on the nomination of Linda McMahon to serve as the next Secretary of Education. If confirmed, McMahon would be charged with managing a $1.6 trillion dollar student loan portfolio—the equivalent of one of the largest consumer banks in the world. In...

Late last night, 12 current and former Consumer Financial Protection Bureau (CFPB) officials filed declarations in a federal court case that seeks to protect the CFPB from a relentless, weeks-long assault by Trump Administration appointees including Elon Musk and Acting CFPB Director Russ Vought.

Tomorrow at 11:00 a.m. ET, top experts from the Student Borrower Protection Center (SBPC) and Consumer Federation of America (CFA) will join the former head of enforcement from the Consumer Financial Protection Bureau (CFPB) to respond to the news that Trump leadership at the CFPB dismissed a slew of enforcement...