Press

What happens when loan repayment restarts an open question. From an administrative perspective, it could get messy. Before the pandemic — and when the economy was ostensibly in a stronger position — people were already struggling to pay. During the 2019 federal fiscal year, which runs from October 1 to September...

Today, President Biden announced an extension of the pause on student loan payments, interest charges, and debt collection in response to new public health and economic data. Tens of millions of student loan borrowers will no longer be expected to make payments until at least May 1, 2022. In the...

Fighting Chance for Families released a new poll revealing that almost half of borrowers expressed no confidence in their ability to make student loan payments should the Biden administration restart payments in February 2022 as planned.

In the past month, the rapid spread of the Omicron variant has driven new COVID-19 cases to record levels as the dual threats of economic instability and historic inflation batter American families this holiday season. Yet, as recently as last weekend, senior Biden Administration officials had reaffirmed the administration’s intention...

The upheaval of the past two years may mean your personal circumstances and financial life look entirely different today. If you’re anxious about making payments again, you’ve got plenty of options — but a limited window to thoroughly evaluate them.

With daily news headlines focusing on the status and future of federal student loans — including recent announcements that hundreds of thousands of borrowers will have their debts wiped out — don't feel alone if you're confused as to whether what you're hearing when you're offered help with your loans...

The former students allege they were misled to think they were applying for jobs and misled on the terms of the ISAs in order to join a 10-week online tech sales bootcamp for “sales development representatives.” But the lawsuits allege that the students did not learn much while being tracked...

In recent days, the White House has drawn widespread blowback as advocates and progressives implore the administration to push back, or forego entirely, a February date to lift a pandemic forbearance on student loan payments.

The SBPC, as part of the Student Loan Law Initiative, released a report, Revisiting Debt Relief, featuring contributions from leading student loan experts scoring the Biden administration’s efforts to deliver student debt relief in its first year.

In light of the planned termination of the student loan payment pause and these new economic data, SBPC Executive Director Mike Pierce released the following statement.