Press Releases

Today, SBPC and partners sent an urgent letter to the CFPB and the Department of Education warning about the potential collapse of ed tech giant 2U, inc.

Advocates to MOHELA: “Tuuth is on our side;” AFT and SBPC petition Education Department Inspector General to audit MOHELA’s performance under its federal contracts.

Independent monitor ends oversight of Upstart network amid impasse and offers guidance for fair lending oversight in financial services; parties warn of risk of AI-driven bias in consumer lending.

A federal judge denies a motion to dismiss in Fredericks v. Ameriflight, ruling that when employers use TRAPs to try to charge workers for on-the-job training, they may be violating the minimum wage laws. The court also held that the TRAP operated as a “de facto”non-compete by preventing workers from...

SBPC applauds Senate Banking Subcommittee; urges policymakers to hold MOHELA executives accountable and make borrowers harmed by the student loan giant whole.

Group calls on Biden to enact “Plan B” debt relief effort swiftly and efficiently.

Blockbuster investigation uncovers “The MOHELA Papers,” never-before-seen internal records show company plans to deny service as servicing failures affect at least four-in-ten MOHELA customers.

Proposal would open up the Pell Grant program to extra-short-term workforce training programs and give the green light to some of the most shady and predatory for-profit schools and OPMs to pad their bottom lines.

Student Borrower Protection Center applauds progress made and urges Administration to continue making student debt cancellation a reality for millions.

Advocates applaud the potential pathway to student debt relief for millions of borrowers and call on President Biden to “finish the job.”