Press Releases

The NAACP Legal Defense and Educational Fund, Inc. (LDF) and the SBPC sent a demand letter to financial technology firm Upstart explaining how the firm’s algorithm likely violates the Equal Credit Opportunity Act and the Fair Housing Act.

The SBPC joined 55 other organizations in submitting a letter to Senate leadership in opposition to the Safely Back to School and Back to Work Act released yesterday.

The SBPC released a new report exposing the web of predatory schools and financial services firms that drive students to take on billions in risky, high-cost “shadow” student debt.

Alarming racial disparities in student debt burden and borrower distress exist across American cities, according to a new report issued today by the Student Borrower Protection Center.

The National Consumer Law Center and the Student Borrower Protection Center filed a complaint with the Federal Trade Commission (FTC) urging it to investigate Vemo Education, Inc. (Vemo) for unfair and deceptive business practices under the Federal Trade Commission Act in the marketing and promotion of income-share agreements (ISAs) for...

Today, individuals representing a class of millions of student loan borrowers sued five of the nation's largest financial companies for illegally damaging borrowers' credit and mishandling CARES Act pandemic relief.

Today, the Campaign for California Borrowers Rights responds to the Governor’s May Revision of the state Budget and urges the Legislature to pass The Student Borrower Bill of Rights.

The Student Borrower Protection Center (SBPC) and Credit Builders' Alliance (CBA) released new research revealing the secret price American families pay when taking on student debt.

Groups send letters to the nation’s major financial institutions urging them to ensure that service members—including those called up to support COVID-19 emergency response efforts—are not being mistreated or denied their rights under federal law.

Student Defense and the National Consumer Law Center (NCLC), with the support of the Student Borrower Protection Center (SBPC), filed a class action lawsuit against the U.S. Department of Education and Secretary Betsy DeVos, demanding an immediate halt to the Department’s illegal garnishment of student borrowers’ wages.