Press Releases

AFT and SBPC allege that the sham lawsuit by Missouri Higher Education Loan Authority (MOHELA) violates California law and the company is potentially liable for more than $175 billion in damages.

SBPC announces major personnel changes: Aissa Canchola Bañez as Senior Advisor for Policy and Strategy, Ella Azoulay as Research and Policy Analyst, Brandon Herrera as Communications and Digital Coordinator, Persis Yu now as Deputy Executive Director and Claire Torchiana as SBPC Fellow.

The student loan industry has made it painfully clear to the American people that they will stop at nothing to protect their profits. For decades, borrowers, advocates, and law enforcement officials have raised the alarm on the student loan industry’s illegal and deceptive practices—including in a scathing report from a...

SBPC urges the Administration to swiftly implement the newly passed S. 1098, Joint Consolidation Loan Separation Act, to finally provide relief for student loan borrowers with Spousal Consolidation Loans.

Following President Biden’s historic student debt cancellation announcement, the U.S. Department of Education quietly revealed this week that borrowers who are eligible for debt cancellation and made student loan payments on their loans during the COVID-19 payment pause will automatically receive a refund on any amount of money they paid,...

The Biden Administration Takes Unprecedented Action to Protect Borrowers from a Long-Broken, Predatory and Abusive Student Loan System; Half of Student Loan Borrowers May be Debt Free; New SBPC-Data for Progress Poll Shows Broad Public Support for Action.

Just as President Biden Announces Student Debt Cancellation Plan, New SBPC-Data for Progress Poll Shows Broad Public Support for Action.

Congress passed the Stop Student Debt Relief Scams Act of 2019 (STOP) to crack down on debt relief scammers while protecting borrowers’ access to legal counsel; ED has failed to fully implement.

Nearly a million Californians can qualify for Public Service Loan Forgiveness (PSLF), but only 10,000 have received it—the new “California Student Debt Challenge” seeks to distribute key PSLF information to borrowers before the Oct 31, 2022 deadline.

Series features Rep. Ayanna Pressley, Under Secretary of Education James Kvaal, and other leading experts highlighting key flaws and fixes to our broken student loan default system.