After years of exposing IDR failures and calling for remedies, SBPC applauds delivery of mass relief while pushing for similar relief for defaulted borrowers left behind.
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Action by eleven states and the CFPB follows groundbreaking SBPC investigation and seeks relief for defrauded students.
Advocates urge swift action: “President Biden Needs to Keep his Promise Now.”
Advocates condemn ruling as “lawless and shamefully political,” and look to President Biden to deliver debt relief in response to decision and call for urgent Court reform.
Along with this report, SBPC launched its first lawsuit against the Education Department for illegally withholding critical data on its treatment of incarcerated borrowers for nearly two years.
Records point to MOHELA’s confusion and disarray, and underscore Missouri’s lack of standing to rob debt relief from tens of millions of student loan borrowers.
By ordering dispute resolved through arbitration, federal judge says PetSmart can use coercive fine print to avoid accountability for TRAP.
Working people now look to President Biden to deliver on his promises to veto the Congressional Review Act resolution and deliver student debt relief.
Folding to pressure from House Republicans, President Biden announces a plan to raise the debt limit that includes throwing people with student debt back into a broken system.