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  1. Media & Events
  2. News Clips

News Clips


  • News Clips
    Jul 29, 2022

    When mass incarceration and student debt intersect

    The Student Borrower Protection Center published a new report Wednesday on the challenges that incarcerated student loan borrowers face, including debt collection and risk of default.

    More


  • News Clips
    Jul 27, 2022

    President Joe Biden Is Delaying Release Of His Student Loan Repayment Plan

    More


  • News Clips
    Jul 25, 2022

    The Biden administration is considering forgiving the student debt for millions of Americans. Here’s why

    The U.S. Department of Education has also not made good on many of its promises, said Persis Yu, policy director for the Student Borrower Protection Center.

    More


  • News Clips
    Jul 24, 2022

    Biden’s Education Department is delaying the release of a student-loan repayment plan intended to lower your monthly bills

    Persis Yu, policy director and managing counsel at the Student Borrower Protection Center, said in a statement that “distressed federal student loan borrowers are left waiting for President Biden to make good on his promise of delivering relief.”

    More


  • News Clips
    Jul 21, 2022

    134 Groups Urge Biden To Extend Expiring Student Loan Forgiveness Initiatives, While Top Officials Tell Borrowers To Apply Now

    A coalition of over 130 organizations wrote to President Biden on Thursday, urging him to extend temporary student loan forgiveness initiatives and the student loan pause that are set to end within a matter of weeks.

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  • News Clips
    Jul 21, 2022

    Lawmakers propose bill to give public workers ‘second chance’ at student loan relief

    The number of applicants actually receiving loan relief from PSLF has been low. “Just 1 in 5 of the 1.3 million borrowers pursuing debt discharge through PSLF are on track to see relief by 2026, according to a September report by the Student Borrower Protection Center.”

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  • News Clips
    Jul 16, 2022

    The student-loan crisis is facing a shake-up — and lawmakers are worried Biden’s Education Department isn’t ready to handle it

    “…recent analysis from the advocacy group Student Borrower Protection Center found that while 9 million public servants were eligible for student-loan forgiveness, only 2% of them had gotten their debt wiped out since November 2020 — and fewer than 15% had filed paperwork to track their PSLF progress.”

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  • News Clips
    Jul 13, 2022

    Scams Lurk in Ads on Google Searches for Student Loan Relief

    “The borrowers are just screwed,” Ben Kaufman said, director of research and investigations at the Student Borrower Protection Center. “They are made to be catnip for these scammers.”

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  • News Clips
    Jul 8, 2022

    Work at a school or nonprofit? You could erase student loans

    “We’ve seen, throughout the 14 years, so many people set back by administrative hurdles and burdens [within the Public Service Loan Forgiveness program], not knowing they had access to this program or being told they couldn’t get access even though they worked in qualified employment,” said Kat Welbeck, Civil Rights Counsel at the Student Borrower Protection Center.

    More


  • News Clips
    Jul 6, 2022

    More for profit schools are offering buy now pay later—is it a debt trap?

    “There’s this deep and fundamental incompatibility with buy now, pay later and education financing,” says Ben Kaufman, director of research and investigations at the Student Borrower Protection Center, a nonprofit organization that advocates for student loan borrowers. “Is there ever a worse place for that to be than higher education when there isn’t even collateral underlying the product?”

    More

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