Media Press Releases Page 3

Press Releases

September 17, 2024

As Senate Hearing Sets Stage for Federal Policymakers to Take Overdue Action to Protect the Millions With Private Student Loans, SBPC Releases New State-by-State Data

MOHELA is once again under fire, this time for it’s growing role in private loan markets.

September 12, 2024

Navient Corporation Permanently Banned from Federal Student Loan Servicing Market, Ordered to Pay $100 Million to Cheated Borrowers

CFPB’s blockbuster enforcement action drove Biden-Harris Administration to cancel $50 billion in student loans for one million borrowers.

September 11, 2024

Advisory for Tuesday, September 17: For First Time in A Decade, Senate to Hold Hearing Solely Dedicated to Private Student Loans

SBPC policy director and long-time student loan expert to provide testimony along with Dalié Jiménez, co-founder of the Student Loan Law Initiative.

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.

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