CFPB’s blockbuster enforcement action drove Biden-Harris Administration to cancel $50 billion in student loans for one million borrowers.
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SBPC policy director and long-time student loan expert to provide testimony along with Dalié Jiménez, co-founder of the Student Loan Law Initiative.
It is long past time for ED to conduct a robust review of MOHELA’s failures.
Bypassing Missouri federal courts, the Missouri AG manipulates the justice system to protect MOHELA’s profits.
As a result of this decision, tens of millions of borrowers will be unable to access lower monthly loan payments and 8 million borrowers will continue to have payments paused as lower courts consider legal challenges.
Despite orders temporarily blocking lower student loan payments and forgiveness, no court has weighed in on the legality of the decades-old law used to deliver debt relief.
Anti-worker ruling aims to allow employers to use Training Repayment Agreement Provisions akin to modern-day indentured servitude.
Read SBPC’s latest press release.
SBPC urges ED to swiftly release final package of rules and enact much-needed relief to borrowers.
Experts and state consumer protection officials featured at virtual event on state and local action to end the Use of Training Repayment Agreement Provisions (TRAPs) by employers; SBPC releases new toolkit for state policymakers to take action.