The SBPC published an issue brief outlining the gaps in knowledge of the private student loan market, the harms those gaps induce, and the specific steps that the CFPB needs to take to address them.
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American Federation of Teachers and SBPC Send Letters to Government and Industry Leaders Demanding Action During Coronavirus Pandemic
The SBPC and American Federation of Teachers (AFT) sent letters to regulators and industry leaders urging aggressive action to protect and support student loan borrowers during the coronavirus pandemic.
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Private Student Loan Collections Issue Brief: Maryland Spotlight
The SBPC released new analysis showing how private student loan collection practices are harming borrowers across the country — and hitting borrowers in Maryland particularly hard. Creditors are dragging borrowers into court for debt they often do not owe. Lacking the documents necessary to back up their claims, these companies...
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The SBPC’s analysis of fintech and banking products uncovered cases where a prospective borrower may be hit with thousands of dollars in additional credit costs if he or she attended a community college, an Historically Black College or University (HBCU), or an Hispanic-Serving Institution (HSI).
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SBPC and Student Veterans of America Send Letter to Department of Education to Protect Servicemembers from Student Loan Abuses
This letter, sent to Department of Education Secretary Betsy DeVos from the Student Borrower Protection Center and Student Veterans of America urges the Department to abandon a new policy intended to obstruct oversight by agencies charged with enforcing law that protect military borrowers including the Servicemembers Civil Relief Act (SCRA).
Learn More SBPC and Civil Rights Groups Send Letter to CFPB Urging it to Root Out Discrimination in Student Loan Industry
This letter, sent to CFPB Director Kathy Kraninger, from the Student Borrower Protection Center and a wide range or civil rights groups and advocates urges the Bureau to take the necessary steps to protect borrowers from discrimination in the student loan industry.
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SBPC and Labor Unions Send Letter to CFPB Demanding Public Servants’ Rights to Loan Forgiveness
This letter, sent to CFPB Director Kathy Kraninger by the Student Borrower Protection Center and labor unions, demands the Bureau take the necessary steps to protect student loan borrowers working in public service.
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Keeping the Promise of Public Service Loan Forgiveness
This report details the American Federation of Teachers and the Student Borrower Protection Center's joint investigation into allegations of rampant mismanagement and industry abuses undermining the federal Public Service Loan Forgiveness (PSLF) program.
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This report documents the widespread abuses across the student loan industry, as described by more than 13,000 student loan borrowers who submitted complaints to the federal Consumer Financial Protection Bureau (CFPB) last year.
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