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  1. Media & Events
  2. Press Releases

Press Releases


  • Press Releases
    Jul 31, 2024

    Advocates Applaud Biden-Harris Administration’s Critical Progress to Finalize Student Debt Relief Rules

    SBPC urges ED to swiftly release final package of rules and enact much-needed relief to borrowers.

    More


  • Press Releases
    Jul 30, 2024

    Advocates to State Officials: Act Now to Protect Workers from Employer-Driven Debt TRAPs

    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.

    More


  • Press Releases
    Jul 25, 2024

    “A Perverse Outcome”: Advocates Warn that 2U Bankruptcy Could Protect Executives at Students’ Expense

    2U’s bankruptcy comes as the company’s executives have taken a series of unsuccessful steps to shore up the failing firm.

    More


  • Press Releases
    Jul 22, 2024

    Embattled Student Loan Servicing Giant MOHELA Hit with Groundbreaking Consumer Protection Lawsuit for Failing 8 Million Student Borrowers

    Landmark complaint outlines a pattern and practice of illegal overcharging, incompetence, and an ongoing “call deflection” doom loop.

    More


  • Press Releases
    Jul 18, 2024

    Eighth Circuit Bows to Right-Wing Politicians, Wreaking Havoc on Student Loan System by Blocking President Biden’s SAVE Plan

    Read SBPC’s latest press release.

    More


  • Press Releases
    Jul 11, 2024

    Smoothstack Hit with Second FLSA Lawsuit: U.S. Department of Labor Says Staffing Agency Traps Tech Workers into Low-Paying Jobs

    Read SBPC’s latest press release.

    More


  • Press Releases
    Jul 1, 2024

    As Right-Wing AGs Gut Aspects of SAVE Plan and Throw Millions of Borrowers Into Limbo, 200+ Groups Urge ED to Release Promised—and Now Even More Critical—Hardship NPRM 

    Letter sent on the anniversary of the Supreme Court decision to rip critical student debt relief away from 40 million borrowers; it’s more important than ever to protect student loan borrowers from our corrupt courts.

    More


  • Press Releases
    Jun 25, 2024

    “A Recipe for Chaos”: Missouri and Kansas Judges Temporarily Halt Borrowers’ Access to Lower Student Loan Payments, Debt Relief

    Pair of district court rulings, issued minutes apart, throw student loan system into chaos by temporarily blocking major sections of President Biden’s Income-Driven Repayment plan.

    More


  • Press Releases
    Jun 12, 2024

    Advocates Cheer as Key House Committee Rejects Amendment That Will Harm Vulnerable Students, Borrowers and Jeopardize PSLF

    The proposal would have opened up the Pell Grant program to extra-short-term workforce training programs—as short as eight weeks long.

    More


  • Press Releases
    May 30, 2024

    New Research Finds Substantial Borrower Distress and a Growing Student Loan Crisis Across Cities in Texas

    As millions await final rules from the Biden Administration on student loan relief, Student Borrower Protection Center continues “Student Debt in the South” research series with a focus on Dallas, Houston and San Antonio.

    More

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