Press Releases

Fake outrage over the debt limit spurred House leadership to release a cruel, unjust, and irresponsible vision for how Americans pay for college, blocking all future Administrations from cancelling debt or fixing broken programs.

Tech Training Bootcamp Smoothstack Engineered Modern-Day Indentured Servitude, Using TRAPs to Let Public Companies Like Accenture, Verizon, and CapitalOne Exploit IT Workers April 14, 2023 | WASHINGTON, D.C. — Last night, a former employee filed a class-action lawsuit against a tech-training and employee-staffing agency, Smoothstack, Inc. (Smoothstack). This new lawsuit...

As Millions Await Decisions on Political Lawsuits and Efforts in Congress Threatening the Fate of Debt Relief, Student Borrower Protection Center Launches “Student Debt in the South” Research Series April 13, 2023 | WASHINGTON, D.C. — Student Borrower Protection Center published new research today offering the first in-depth look at...

State bill is aimed at protecting students from so-called “institutional debt,” or the educational barriers and harmful debt collection practices related to debts students owe directly to schools.

SBPC Provides Federal Regulators With Evidence of New SoFi Scheme to Sell Fake Financial Product Using FDIC’s Likeness March 22, 2023 | WASHINGTON, D.C. — Moments ago, the Student Borrower Protection Center (SBPC) sent a letter to the Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) demanding...

The U.S. Department of Labor filed its first-ever lawsuit against a company for allegedly using a “stay-or-pay” contract that required employees to pay the employer if they leave their job before the end of a contract.

The SBPC released a new report exposing a back-room deal between the failed for-profit coding bootcamp Make School and the nonprofit college Dominican University that aimed to mislead accreditors, state regulators, and prospective students while getting Make School access to federal student aid dollars.

CFPB releases bulletin demanding student loan servicers halt and return unlawful debt collection on loans discharged through bankruptcy.

Amici curiae to nation’s highest court: student debt relief is lawful and urgently needed to address the effects of the COVID-19 pandemic.

Amici curiae to nation’s highest court: student debt relief is lawful and urgently needed to address the effects of the COVID-19 pandemic.