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Press Releases

SBPC and American Federation of Teachers Urge Government and Industry Action to Protect Student Loan Borrowers in the Face of Coronavirus Pandemic

As Americans face the economic fallout from the coronavirus, the American Federation of Teachers (AFT) and the Student Borrower Protection Center (SBPC) today sent letters to government and industry leaders across the student loan system demanding action to protect student loan borrowers during this nationwide crisis. The organizations sent letters...
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Student Loan Giant Accused of Cheating Public Service Workers Moves to Block Montana Legal Services Program from Advocating for Low-Income Borrowers’ Rights

Student Loan Giant Accused of Cheating Public Service Workers Moves to Block Montana Legal Services Program from Advocating for Low-Income Borrowers’ Rights HELENA, MT — This week, student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), also known as FedLoan Servicing, urged the Montana Supreme Court to reject a brief...
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Statement from SBPC Executive Director Seth Frotman on the House Financial Services Committee Passage of Sweeping Student Loan Protections

The student debt crisis is a consumer protection crisis. All across the market, companies premise their business models on abusing student loan borrowers, preying on the most vulnerable among us. Yet the 45 million borrowers struggling under the weight of unprecedented student debt are guaranteed fewer rights and protections than...
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Student Loan Reform Org Sues Trump Administration Agency Heads For Refusing to Supervise Student Loan Servicers

Today, Democracy Forward, on behalf of Student Debt Crisis, sued the Trump administration for shirking their legal obligation to supervise large student loan servicers, specifically those servicing federal loans. The suit, filed against Trump-appointed Secretary of Education Betsy DeVos and CFPB Director Kathy Kraninger and their respective agencies, cites efforts...
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