Among the Department’s findings and actions, is a plan to withhold $7.2 million in payment to MOHELA meant to cover servicing it never performed.
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At a virtual event, SBPC and SLLI release a new report projecting widespread distress among California student loan borrowers in Latino/a communities.
Experts and enforcement officials weigh in on rocky start to loan repayment, advocates warn loan companies: deliver debt relief or face litigation.
Student loan borrowers already face widespread abuses by student loan companies; shutdown “will be a catastrophe.”
Cities offer dire warning: resuming payments without a path to broad-based student debt relief would cause catastrophic wave of borrower distress and local economic instability.
This set of virtual panels examines the different categories of borrowers and the harm—both legal and financial—that they will face when servicers begin collecting on student loans that should no longer exist.
Newly released documents show Pennsylvania Higher Education Assistance Agency (PHEAA) sought to block federal inquiry into private student loan collection scheme.
The organizations join the ‘Just Majority’ Supreme Court accountability and reform campaign to advocate for a Court where everyone, not just the rich and powerful, has a fair shot.
Advocates applaud first-of-its-kind CFPB report, warning of risky and unlawful Training Repayment Agreement Provisions (TRAPs).
Advocates warn that failure to act swiftly will cause inordinate harm to millions of borrowers and their families.