Press Releases

Press Releases

Oct 3, 2024

Republican-Appointed Judge Spurns Missouri AG’s Attempt to Block Future Student Debt Relief in Georgia Court, Sends Case Back to Missouri

The suit challenges the Biden-Harris Administration’s future plan to provide relief to tens of millions of struggling borrowers.

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Press Releases

Oct 2, 2024

New Data Reveals Economic Toll of Project 2025’s Attacks on Public Service Workers, Would Force Millions to Pay $250 Billion in Additional Student Loan Debt

Right-wing Project 2025 will leave more than 3.6 million vital public service workers drowning in student debt.

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Press Releases

Sep 26, 2024

Missouri AG Flacks for MOHELA: Claims Company is Above the Law

In an amicus curiae brief in AFT v. MOHELA, Missouri AG claims MOHELA can never be held accountable in federal court for cheating borrowers.

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Press Releases

Sep 26, 2024

MOHELA Claims To Be Above The Law; AFT Claps Back In Latest Court Filing

AFT motion rebuts MOHELA’s claims that it is immune from prosecution and warns the court that MOHELA violated federal contract.

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Press Releases

Sep 19, 2024

With Millions of Student Loan Borrowers in Limbo, 110+ Groups Urge ED to Extend Critical Borrower Protections

The U.S. Education Department must ensure time spent in administrative forbearance counts toward PSLF and IDR relief, and to extend two critical programs set to expire on September 30: the “on-ramp” period to keep borrowers out of default and the “Fresh Start” program to help borrowers get out of default.

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Press Releases

Sep 17, 2024

As Senate Hearing Sets Stage for Federal Policymakers to Take Overdue Action to Protect the Millions With Private Student Loans, SBPC Releases New State-by-State Data

MOHELA is once again under fire, this time for it’s growing role in private loan markets.

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Press Releases

Sep 12, 2024

Navient Corporation Permanently Banned from Federal Student Loan Servicing Market, Ordered to Pay $100 Million to Cheated Borrowers

CFPB’s blockbuster enforcement action drove Biden-Harris Administration to cancel $50 billion in student loans for one million borrowers.

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Press Releases

Sep 11, 2024

Advisory for Tuesday, September 17: For First Time in A Decade, Senate to Hold Hearing Solely Dedicated to Private Student Loans

SBPC policy director and long-time student loan expert to provide testimony along with Dalié Jiménez, co-founder of the Student Loan Law Initiative.

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Press Releases

Sep 10, 2024

NCLC, PPSL, and SBPC Joint Statement on 50+ Lawmaker Letter to Cardona About MOHELA

It is long past time for ED to conduct a robust review of MOHELA’s failures.

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Press Releases

Sep 5, 2024

Right-Wing Georgia Judge Temporarily Blocks Student Debt Relief Rule that Does Not Yet Exist

Bypassing Missouri federal courts, the Missouri AG manipulates the justice system to protect MOHELA’s profits.

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