Media Press Releases Page 3

Press Releases

September 10, 2024

NCLC, PPSL, and SBPC Joint Statement on 50+ Lawmaker Letter to Cardona About MOHELA

It is long past time for ED to conduct a robust review of MOHELA’s failures.

September 5, 2024

Right-Wing Georgia Judge Temporarily Blocks Student Debt Relief Rule that Does Not Yet Exist

Bypassing Missouri federal courts, the Missouri AG manipulates the justice system to protect MOHELA’s profits.

August 28, 2024

SCOTUS Gets It Wrong Again, Locks Student Loan Borrowers in Limbo

As a result of this decision, tens of millions of borrowers will be unable to access lower monthly loan payments and 8 million borrowers will continue to have payments paused as lower courts consider legal challenges.

August 26, 2024

Advocates to 8th Circuit: Stop Playing Politics and Protect Borrowers

Despite orders temporarily blocking lower student loan payments and forgiveness, no court has weighed in on the legality of the decades-old law used to deliver debt relief.

August 20, 2024

Trump-Appointed Texas Judge Snatches Away Key Protections Against Employer-Driven Debt From Millions of Workers

Anti-worker ruling aims to allow employers to use Training Repayment Agreement Provisions akin to modern-day indentured servitude.

Eighth Circuit Bows to Right-Wing Politicians, Leaves Millions In Limbo

Read SBPC's latest press release.

Advocates Applaud Biden-Harris Administration’s Critical Progress to Finalize Student Debt Relief Rules

SBPC urges ED to swiftly release final package of rules and enact much-needed relief to borrowers.

Advocates to State Officials: Act Now to Protect Workers from Employer-Driven Debt TRAPs

Experts and state consumer protection officials featured at virtual event on state and local action to end the Use of Training Repayment Agreement Provisions (TRAPs) by employers; SBPC releases new toolkit for state policymakers to take action.

“A Perverse Outcome”: Advocates Warn that 2U Bankruptcy Could Protect Executives at Students’ Expense

2U’s bankruptcy comes as the company’s executives have taken a series of unsuccessful steps to shore up the failing firm.

Embattled Student Loan Servicing Giant MOHELA Hit with Groundbreaking Consumer Protection Lawsuit for Failing 8 Million Student Borrowers

Landmark complaint outlines a pattern and practice of illegal overcharging, incompetence, and an ongoing “call deflection” doom loop.

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