Latest Work
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Predatory Tech Company Prehired Defies Government Order to Cease Operations and Continues Defrauding Students as “FastTrack”
SBPC released the results of a months-long investigation into the tech company Prehired, exposing how the firm had resumed its scheme to push worthless credentials on students, paid for via its own predatory private student lending operation.
More
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AFT v. U.S. Department of Education Lawsuit Fact Sheet
Trump Education Department’s broken promises lead to unaffordable monthly payments and deny public service workers progress towards debt relief, according to new lawsuit.
More
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Protect Borrowers Congressional Casework Tool
If you are having an issue with your federal student loans or your student loan servicer, you can contact your senator or representative and request casework assistance.
More
Latest Work
-
Predatory Tech Company Prehired Defies Government Order to Cease Operations and Continues Defrauding Students as “FastTrack”
SBPC released the results of a months-long investigation into the tech company Prehired, exposing how the firm had resumed its scheme to push worthless credentials on students, paid for via its own predatory private student lending operation.
More
-
AFT v. U.S. Department of Education Lawsuit Fact Sheet
Trump Education Department’s broken promises lead to unaffordable monthly payments and deny public service workers progress towards debt relief, according to new lawsuit.
More
-
Protect Borrowers Congressional Casework Tool
If you are having an issue with your federal student loans or your student loan servicer, you can contact your senator or representative and request casework assistance.
More
Latest Work
-
Predatory Tech Company Prehired Defies Government Order to Cease Operations and Continues Defrauding Students as “FastTrack”
SBPC released the results of a months-long investigation into the tech company Prehired, exposing how the firm had resumed its scheme to push worthless credentials on students, paid for via its own predatory private student lending operation.
More
-
AFT v. U.S. Department of Education Lawsuit Fact Sheet
Trump Education Department’s broken promises lead to unaffordable monthly payments and deny public service workers progress towards debt relief, according to new lawsuit.
More
-
Protect Borrowers Congressional Casework Tool
If you are having an issue with your federal student loans or your student loan servicer, you can contact your senator or representative and request casework assistance.
More
Latest Work
-
Predatory Tech Company Prehired Defies Government Order to Cease Operations and Continues Defrauding Students as “FastTrack”
SBPC released the results of a months-long investigation into the tech company Prehired, exposing how the firm had resumed its scheme to push worthless credentials on students, paid for via its own predatory private student lending operation.
More
-
AFT v. U.S. Department of Education Lawsuit Fact Sheet
Trump Education Department’s broken promises lead to unaffordable monthly payments and deny public service workers progress towards debt relief, according to new lawsuit.
More
-
Protect Borrowers Congressional Casework Tool
If you are having an issue with your federal student loans or your student loan servicer, you can contact your senator or representative and request casework assistance.
More
Latest Work
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Federalism to the Rescue
Today, the Student Borrower Protection Center released new research developed as part of its Student Loan Justice Fellowship Program to help answer this question. The report, written by SBPC fellow Brian Shearer, builds a case for how states can oversee the nonbank companies at the center of the $1.6 trillion student loan market. The report also offers a path forward for states to oversee other critical nonbank financial institutions that play large roles…
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The Secret Price Tag of Student Debt
This report, by the SBPC and the Credit Builders Alliance, highlights the secret price student loan borrowers pay for common consumer credit products like a mortgage, auto loan, or credit card. Using novel consumer reporting agency data, the report shows how student debt affects borrowers’ experience with other consumer financial products.
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SBPC, Military, and Veterans Groups Demand Industry Leaders Uphold SCRA Protections for Military Consumers
Groups send 21 letters to financial industry leaders reminding them of their obligations under the Servicemembers Civil Relief Act.
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Private Student Lending Report
This report documents the rapid growth of the private student loan market and demonstrates why there is a desperate need for accountability and reforms to protect the millions of borrowers whose lives are impacted by this market.
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SBPC and NCLC Demand Department of Education Implement Fixes to CARES Act Implementation
In a letter sent to ED Secretary Betsy DeVos, SBPC and NCLC urge her to take swift action to mitigate borrower harm from poor implementation of the CARES Act.
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SBPC, U.S. PIRG, and Consumer Action Issue Brief on CFPB Complaint Database Improvements
In an issue brief, the SBPC, U.S. PIRG, and Consumer Action outline key steps the CFPB can take to expand and enhance its complaint tool, including the agency’s public complaint database.
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Memo on Automatic Payment Relief by Student Loan Servicers During Coronavirus Pandemic
SBPC explains why student loan servicers should automatically implement payment relief and protections for distressed borrowers across their entire loan portfolios in response to the coronavirus pandemic.
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Advocates Urge CARES Act Congressional Oversight Commission to Monitor Funds Going to For-Profit Schools
In a letter sent to the Congressional Oversight Commission established to oversee the CARES Act, a coalition of over 40 consumer advocacy organizations calls for the aggressive monitoring of funds going to for-profit schools.
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SBPC and AFR Demand Navient Board of Directors Invest in Student Borrowers, Not Shareholders
In a letter sent to the Board of Directors of Navient Corporation, the SBPC and Americans for Financial Reform (AFR), urges the company’s board to halt dividends and stock buybacks, pause planned compensation for itself and the company’s managers, and focus on investing in customer service infrastructure for the remainder of the coronavirus pandemic.
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Private Student Loan Oversight Amid the Coronavirus Pandemic
In an issue brief, the SBPC, outlines 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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