News Clips

Ella Azoulay [Research & Policy Analyst, Student Borrower Protection Center], a 26-year-old who lives in Washington, visited the rally to join the push for debt relief, which she calls a “family issue.” A 2018 graduate of New York University, Azoulay has $40,000 in student debt, while her dad has more than $400,000 taken out on behalf of her and her two siblings. “I can’t really think about my future without thinking about this…

Joining over 500 students, debtors and advocates in a rally organized by the Student Borrower Protection Center, the lawmakers said that Biden has the legal authority to cancel student debt and that the court case boils down to partisan posturing in a concerted effort by conservative elites to suppress the working class.

Amy Czulada [Outreach & Advocacy Manager, Student Borrower Protection Center] is in her mid-30s and still has more than $100,000 in debt for her undergraduate and master’s degrees. “I certainly don’t regret getting an education, but it has inhibited me from doing things,” Czulada said. “You’re always making hard choices – ‘Do I pay off my student debt or get a prescription or go to dinner?’ Things that are kind of taken for…

“The argument throughout both of the sessions emphasized that the pandemic had really devastating financial effects on low and middle income student loan borrowers,” Josh Rovenger, senior attorney in the Economic Justice Practice Group at The Legal Aid Society of Cleveland and fellow at advocacy group Student Borrower Protection Center, told reporters after the arguments concluded. “And that the risk of default upon returning to repayment without cancellation would be quite staggering.”

“Inside the Supreme Court there are technical arguments on standing and the major questions doctrine, but it’s important to remember the faces of the borrowers impacted by the court’s judgment,” Persis Yu, deputy executive director of the Student Borrower Protection Center (SBPC), a borrower advocacy group, told Yahoo Finance. “Their financial lives are at stake, making payments from budgets that are already stretched too thin. Borrowers are counting on Biden’s student loan forgiveness.”