In the News

Included in those briefs was one from 128 House Republicans voicing opposition to Biden's plan. Alongside the new data from the Education Department, an analysis from advocacy group Student Borrower Protection Center found that nearly 12 million borrowers in all of those lawmakers' districts would stand to benefit from the...

Increasing the discretionary income cutoff to 225% is also a step in the right direction. Persis Yu of the Student Borrower Protection Center said the cutoff would ideally be 400%, but the proposal gets closer to the 250-300% most borrowers need to sustain a living wage.

Over the past few weeks, 128 House Republican lawmakers filed an amicus curiae brief to the Supreme Court ahead of oral arguments on February 28 urging it to strike down Biden's debt relief. An analysis of the new data from advocacy group Student Borrower Protection Center (SBPC) shows that nearly...

The Student Borrower Protection Center along with nearly 60 organizations representing student loan borrowers, teachers, veterans and other groups also advocated for the inclusion of Parent PLUS loans and graduate students, among other changes, in a joint comment.

"We remain extremely concerned about the use of expensive point-of-sale credit as a form of educational financing," said Ben Kaufman, director of research and investigations at the Student Borrower Protection Center. "We're well aware that PayPal previously claimed it would clean up its act in this arena, and certain problems...

The difference between the mass debt cancellation plan and other pandemic economic supports can be found in the very structure of higher education finance in the U.S., Mr. Pierce said, where over 90% of student loans are issued by the federal government. “The government is the creditor here—they can decide...

If you think that sounds a bit like indentured servitude, you’re not alone. These stay-or-pay deals seem like a reasonable way for employers to protect their investment in new hires and prevent costly turnover. But the real purpose of these arrangements is to use debt obligations to anchor workers in...

Research from the Student Borrower Protection center found that for-profit schools (often hotbeds of education scams) are twice as likely to set up in majority Black and Latino communities.

“The administration is really looking out for people that tried college and it didn't work out for them,” says Mike Pierce, executive director and co-founder of the Student Borrower Protection Center.

Fredericks filed her lawsuit with the help of Towards Justice, a legal aid group assisting workers, and the Student Borrower Protection Center, a nonprofit watchdog of the student loan industry. Attorney Mike Pierce, the center’s director, said Ameriflight’s repayment agreement is another illustration of employers trying to foist the cost...