Press Releases

New bills in Louisiana would ensure borrowers have protections against rampant predatory loan servicing and would require private student loan companies to report to state financial regulator.

Organizations from all 50 states demand executive action on student debt as new tracking poll continues to show likely voters support action by 2:1 margin.

SBPC finds that 71 percent of likely voters ages 18-34 support student debt cancellation for all borrowers; 56 percent of Republican younger voters support cancellation; Younger voters with no debt support cancellation by a 3:1 margin.

A map showing a new analysis of indicates major state-level momentum across the country to take action against transcript withholding.

As Biden contemplates an imminent decision on student debt relief and the Senate Banking Committee prepares for a major student loan-focused hearing featuring SBPC Executive Director Mike Pierce, SBPC and Data for Progress release the latest in a series of polls tracking the impact of student debt on American families.

The SBPC, National Consumer Law Center, Student Debt Crisis Center, and Center for Responsible Lending sent a letter to the largest trade organizations representing student loan lenders and servicers underscoring their legal obligation to faithfully implement the Department of Education's recent fix for income-driven repayment.

Piecemeal remedies are insufficient to address prolific systemic failures.

With new fix to income-driven repayment, Education Department looks to remedy allegations of past mismanagement and industry abuse but fails to help defaulted borrowers who are the most financially vulnerable.

The SBPC and the U.S. PIRG Education Fund submitted comments to the CFPB's request for input on harmful "junk fees," exposing how financial service giants and universities are preying on students.

A group of 116 diverse advocacy organizations sent a letter to the Biden Administration calling on U.S. Secretary of Education Miguel Cardona to reform broken, dysfunctional income-driven repayment programs and fulfill the promise of IDR.