Press Releases

Yesterday, Washington Attorney General Bob Ferguson filed a lawsuit against the disgraced online tech sales bootcamp Prehired, LLC and its founder, Joshua Jordan, for a startling array of illegal acts and practices.

The SBPC released a new estimate that over 9 million public service workers with federal student loans are eligible for debt cancellation through PSLF, and a coalition of labor unions representing more than 7.5 million workers joined with SBPC to launch a national campaign to reach public service workers.

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.