Press

Today, the Student Borrower Protection Center sent a letter to President Biden alongside 207 other organizations (including the American Civil Liberties Union, the American Federation of Teachers, and the NAACP) calling for the pause to be extended. 

More than 200 organizations called on President Biden to delay restarting federal student loan payments for tens of millions of borrowers in light of the new omicron variant hampering the economy, upcoming loan transfers affecting millions of borrowers, and new data showing  that borrowers are not financially prepared to restart...

Throughout the coronavirus pandemic the federal government has allowed for millions of student loan payments to be paused, but in a few short months those repayments will resume. Now, over 200 organizations are urging President Biden to extend the pause yet again.

On Thursday, over 200 organizations, led by the Student Borrower Protection Center, sent yet another letter to Biden calling on him to extend the pause until he fulfills his campaign promises of fixing loan forgiveness programs and cancelling student debt.

The affirmed its authority to supervise large student loan servicers and stated that it “has been and will continue to conduct supervisory examinations” of large student loan servicers.

Advocacy groups representing student loan borrowers sent out a warning on Monday that student loan servicing companies may provide misleading information to borrowers on a new expansion of a key federal student loan forgiveness program.

The SBPC and a coalition of the nation’s largest unions representing millions of public service workers sent letters to large student loan companies demanding immediate action to ensure successful implementation of ED's recent overhaul of PSLF.

Some legal experts and computer scientists have been more wary. Just because something is a machine doesn’t mean it’s free of human biases, they say, as the use of machine learning and artificial intelligence in other areas illustrates. In the criminal justice sphere, for example, use of this type of...

New data from the Education Department reveals that of the 7.7 million federal student-loan borrowers in the US that were behind on payments at that start of the pandemic, 93% are still behind — despite a nearly two-year pause in payments.

Advocates for students warn that they can be exploitative—and nothing more than an instrument that leads to additional debt.