Press Releases

California Schools Transformed into “Creditor Colleges” During the Pandemic; Low-Income Students Denied Access to Higher Education, May Face Debt Collection and Forfeiture of Government Benefits March 17, 2022 | WASHINGTON, DC — Today, a team of researchers at University of California, Berkeley School of Law, University of California, Irvine School...

The Communications Workers of America and the SBPC released the results of an investigation into the world’s largest student loan company, uncovering new evidence of systemic mismanagement, failure, and abuse.

The SBPC and Data for Progress today released their latest tracking poll demonstrating widespread public support for federal action to protect people with student debt.

Today, 210 organizations called on President Biden to extend the pause on federal student loan payments for tens of millions of borrowers that is currently set to expire on May 1st.

An SBPC review has identified more than 100 unaccredited and otherwise dubious for-profit schools that market point-of-sale financing such as BNPL credit as a variety of student loan.

A new SBPC-Data for Progress poll reveals that more than 6-in-10 likely voters support extending President Biden’s pause on student loan payments, including 70 percent of Black likely voters and 76 percent of Latino and Latina likely voters.

The SBPC and Data for Progress released a new tracking poll revealing that 63 percent of likely voters support action by the federal government to cancel some or all student debt for all borrowers.

The SBPC and Data for Progress released a new poll revealing that 69 percent of likely voters support President Biden’s continued pause on student loan payments, including majorities of Democrats, Republicans, and Independents.

Based on a comprehensive review of securities filings, student loan promissory notes, and government data, SBPC estimates that $50 billion in so-called private student loans taken on by more than 2.6 million borrowers, are, in fact, eligible to be discharged in bankruptcy despite representations to the contrary by lenders and...

Today, 39 states settled lawsuits and investigations against the student loan giant Navient Corporation (Navient) related to allegations of predatory lending and illegal student loan servicing that harmed borrowers nationwide. Per the terms of the settlement, with a bipartisan group of 39 state attorneys general, borrowers will enjoy $1.7 billion...