October 30, 2023 U.S. Department of Education Finds Widespread Servicing Failures Across the Student Loan System, Advocates Urge Follow-On Action By Law Enforcement Among the Department’s findings and actions, is a plan to withhold $7.2 million in payment to MOHELA meant to cover servicing it never performed. Learn More
October 18, 2023 ADVISORY: Today at 1 PM ET, Scholars to Discuss and Release New Student Debt Research At a virtual event, SBPC and SLLI release a new report projecting widespread distress among California student loan borrowers in Latino/a communities. Learn More
October 5, 2023 Advocates Release New Roadmap to Rein in Student Loan Industry Abuses As Loan Payments Resume for Millions Experts and enforcement officials weigh in on rocky start to loan repayment, advocates warn loan companies: deliver debt relief or face litigation. Learn More
September 27, 2023 As House Republicans Fail to Fund the Federal Government, Advocates Call on the Biden Administration to Halt Planned Restart of Student Loan Payments Student loan borrowers already face widespread abuses by student loan companies; shutdown "will be a catastrophe.” Learn More
September 21, 2023 20 Cities and Counties Call on President Biden to Swiftly Deliver Promised Debt Relief, Protect Borrowers and Communities on the Front Lines of the Student Debt Crisis Cities offer dire warning: resuming payments without a path to broad-based student debt relief would cause catastrophic wave of borrower distress and local economic instability. Learn More
September 19, 2023 CFPB Rejects Effort by Disgraced Student Loan Company to Rob Borrowers of Bankruptcy Rights Newly released documents show Pennsylvania Higher Education Assistance Agency (PHEAA) sought to block federal inquiry into private student loan collection scheme. Learn More
August 3, 2023 Student Borrower Protection Center and Protect Borrowers Action Join ‘Just Majority’ Coalition The organizations join the 'Just Majority’ Supreme Court accountability and reform campaign to advocate for a Court where everyone, not just the rich and powerful, has a fair shot. Learn More
July 20, 2023 Federal Enforcement Officials Issue Sharp New Warning to Industry: “Workers Face Risks from Employer-Driven Debt” Advocates applaud first-of-its-kind CFPB report, warning of risky and unlawful Training Repayment Agreement Provisions (TRAPs). Learn More
July 19, 2023 On the Heels of Unconscionable SCOTUS Ruling Blocking Millions from Student Debt Relief, 175+ Organizations Call on Biden to Enact New Debt Cancellation Plan Immediately Advocates warn that failure to act swiftly will cause inordinate harm to millions of borrowers and their families. Learn More
July 14, 2023 Biden Administration to Automatically Cancel Student Debt for 804,000 Borrowers Via Long Awaited Income-Driven Repayment Account Adjustment After years of exposing IDR failures and calling for remedies, SBPC applauds delivery of mass relief while pushing for similar relief for defaulted borrowers left behind. Learn More