News Clips

On Tuesday, a coalition of advocacy groups including the Student Borrower Protection Center, Student Debt Crisis Center, We, The 45 Million, Rise, and the NAACP are participating in the People’s Rally for Student Debt Cancellation to urge the Supreme Court to uphold student-debt relief, and according to the NAACP, 500 to 1,000 students are attending.

Mike Pierce, the executive director of the Student Borrower Protection Center, joins CBS News’ Lilia Luciano and Lana Zak to discuss the importance of President Biden’s student loan forgiveness plan, as the the Supreme Court hears arguments on the policy.

“It’s interesting that we’ve seen other courts, which are not seen as liberal courts, side with the president,” Persis Yu, deputy executive director at Student Borrower Protection Center, told CNBC Make It in November. “I think it’s through a very extraordinary reading of standing law and the authority of the courts that they came to this decision.”

Mike Pierce, the founder and executive director of the Student Borrowers Protection Center – one of several advocacy organizations rallying – said he believed “the court will side with 40 million people”. On the rightwing challenges to the loan relief plan, Pierce said: “This is just another example of Republican officials using the courts to play politics. These are President Biden’s political opponents. Canceling student debt is wildly popular, particularly with President Biden’s…

“The court must see these lawsuits as the partisan sham they really are and protect the Biden administration’s historic relief plan,” said Ben Kaufman, director of research and investigations at the Student Borrower Protection Center. “Borrowers deserve better than to be treated like political pawns — lives and livelihoods are at stake.”

“The borrowers most likely to struggle disproportionately come from lower-income households — the families least prepared to weather the public health and economic crises that gripped the country in 2020,” Mike Pierce, the executive director of the Student Borrower Protection Center, said Friday on a call that the White House had arranged for reporters.

While the justices and attorneys debate these broad legal questions inside the court house, hundreds borrowers and advocates will be rallying outside. The idea behind the gathering, which a coalition of student loan advocacy organizations, civil rights groups, labor unions and others is hosting is to “keep bringing the story back to the people that are going to get hurt if the Court takes away people’s right to student debt relief,” said Mike…

“This is an extraordinary nearly unprecedented outcome for lawsuits that were filed just a few months ago,” Mike Pierce, a former senior regulator, attorney, and executive director of Student Borrowers Protection Center (SBPC), said at the SDCC town hall. “We’ve skipped through every step of the normal judicial process — no finding of fact by a trial court — to a rapid and hasty rush to get this policy in front of a…