Media Press Releases

Press Releases

New York Legislature Votes by Overwhelming, Bipartisan Majority to Protect Workers From TRAPs

SBPC applauds the NY State Legislature for passing Assembly Bill A584C, the Trapped At Work Act. This bill will prohibit employers from imposing TRAPs on employees, which put workers on the hook for thousands of dollars in debts owed directly to their employers if they quit, change jobs, or are...

Senate Republicans Double Down on House’s Cruel Agenda, Push Reconciliation Bill That Jacks Up Costs for Students and Families to Bankroll Billionaire Tax Breaks

New analysis projects borrowers would owe thousands of dollars more per year under new Senate proposal.

Advocates Sound Alarm as Lead Detractor of Student Debt Cancellation, Joshua Divine, Is Nominated for Lifetime Federal Judicial Appointment

Later today, Joshua Divine, chief legal architect behind the Republican states-led opposition to the Biden Administration's student debt relief efforts, will appear before the Senate Committee on the Judiciary as nominee for a federal district judge in Missouri.

Trump Administration Caves on Plans to Snatch Social Security Benefits After Months of Pressure From Borrower Advocates

ED told reporters that the Trump Admin was reversing course and pausing its plans to offset the Social Security benefits of defaulted student loan borrowers. This is in contrast to the Admin's April 21st announcement stating that it planned to subject millions of Americans in default to mandatory collections, including...

Groups Urge U.S. Department of Education to Ensure Robust Representation on Student Debt Rulemaking Panel

Letter proposes slate of diverse and qualified negotiators ready to lend vital expertise and experience on PSLF and IDR.

Consumer Groups Sound Alarm as the Trump/Vought CFPB Dismisses or Terminates Enforcement Actions, Leaving Harmed Consumers High and Dry

Dozens of quiet corporate pardons show lawbreakers’ influence with Trump enforcers.

House Republicans Rush Passage of Massive Reconciliation Bill Delivering Tax Cuts to Billionaires on the Backs of Students and Working Families

The bill delivers $4.5 trillion in tax cuts to the richest Americans and largest corporations by slashing lifesaving healthcare, food assistance, education, and other critical programs working families rely on.

After Senate Committee Hearing, One Dire Warning: Trump Policies Will Spike Higher Education Costs and Crush Families

Statement from SBPC's executive director Mike Pierce.

Illinois Poised to be First State to Acquiesce to Income Share Agreement Companies, Green Lighting Predatory Industry Bill

Illinois Senate Bill creates special rules for an industry plagued by federal consumer protection violations.

SBPC Executive Director to Testify Before Senate Education Committee on the State of Higher Education, as 1-In-12 Americans Brace for Massive Financial Shock From Trump Administration Actions Attacking Students and Borrowers

Hearing comes as 1-in-12 Americans brace for massive financial shock from Trump Admin actions attacking students and borrowers.

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