Press Releases

Folding to pressure from House Republicans, President Biden announces a plan to raise the debt limit that includes throwing people with student debt back into a broken system.

Republican House members double down on attack against borrowers by voting to pass CRA resolution.

SBPC joins AFT in releasing new analysis sounding the alarm for more than 260,000 public service workers as Congress takes historic vote to reinstate already-cancelled student loans and block student debt relief.

All Workers Must Be Safe from Abusive TRAPs and Made Whole from Past Use May 10, 2023 | WASHINGTON, D.C. — HCA Healthcare, the largest for-profit healthcare system in the United States, announced last night on NBC Nightly News they will no longer rely on Training Repayment Agreement Provisions (TRAPs)...

Groups from all 50 states warn lawmakers that abuse of the Congressional Review Act will wreak economic havoc on tens of millions.

Fake outrage over the debt limit spurred House leadership to release a cruel, unjust, and irresponsible vision for how Americans pay for college, blocking all future Administrations from cancelling debt or fixing broken programs.

Tech Training Bootcamp Smoothstack Engineered Modern-Day Indentured Servitude, Using TRAPs to Let Public Companies Like Accenture, Verizon, and CapitalOne Exploit IT Workers April 14, 2023 | WASHINGTON, D.C. — Last night, a former employee filed a class-action lawsuit against a tech-training and employee-staffing agency, Smoothstack, Inc. (Smoothstack). This new lawsuit...

As Millions Await Decisions on Political Lawsuits and Efforts in Congress Threatening the Fate of Debt Relief, Student Borrower Protection Center Launches “Student Debt in the South” Research Series April 13, 2023 | WASHINGTON, D.C. — Student Borrower Protection Center published new research today offering the first in-depth look at...

State bill is aimed at protecting students from so-called “institutional debt,” or the educational barriers and harmful debt collection practices related to debts students owe directly to schools.

SBPC Provides Federal Regulators With Evidence of New SoFi Scheme to Sell Fake Financial Product Using FDIC’s Likeness March 22, 2023 | WASHINGTON, D.C. — Moments ago, the Student Borrower Protection Center (SBPC) sent a letter to the Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) demanding...