Press Releases

Press Releases

Oct 28, 2022

Student Loan Law Initiative Launches New Round of Funding for Groundbreaking Research, New Platform for Emerging Scholars to End the Student Debt Crisis

SLLI is announcing a new round of grant funding to support researchers interested in tackling the student debt crisis and a program to assist emerging scholars in a range of fields interested in conducting novel student loan research.

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Press Releases

Oct 25, 2022

Biden Administration Listens to Borrowers, Grants Last-Minute Reprieve to Millions of Public Service Workers With Student Debt; Action Still Leaves Many Without Path to Debt Relief

Most benefits of the PSLF Waiver, set to expire on Halloween, have been extended for millions of workers through planned overhaul of Income-Driven Repayment.

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Press Releases

Oct 25, 2022

Advocates Demand Consumer Bankers Association Abandon its Shameful Crusade to Defend Discrimination

The SBPC, Americans for Financial Reform Education Fund, the Debt Collective, Center for Responsible Lending, and Student Debt Crisis Center sent a letter to the Consumer Bankers Association demanding that it abandon its bad-faith legal action against the CFPB.

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Press Releases

Oct 20, 2022

In Victory for Student Loan Borrowers, Federal Judge Rejects Major Legal Challenge to Student Debt Relief

Student Borrower Protection Center leadership praise ruling dismissing right-wing scheme to block student debt relief for 40 million Americans.

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Press Releases

Oct 20, 2022

SBPC Statement on 5th Circuit Decision Regarding CFPB’s Funding

Mike Pierce, executive director of the Student Borrower Protection Center pushes back on reactionary court decision that abandons working people.

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Press Releases

Oct 17, 2022

SBPC on the Launch of Biden’s Historic Student Debt Cancellation Application

The door to transformational debt relief is now officially open, millions have already walked through it and we must ensure no borrower is left behind.

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Press Releases

Oct 11, 2022

Missouri-Based Student Loan Giant Accused of Illegal Loan Servicing Practices, Scheme to Block Student Debt Relief for Millions of Borrowers

AFT and SBPC allege that the sham lawsuit by Missouri Higher Education Loan Authority (MOHELA) violates California law and the company is potentially liable for more than $175 billion in damages.

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Press Releases

Oct 11, 2022

As Biden Administration Prepares to Deliver Historic Debt Relief, Student Borrower Protection Center Announces New Hires, Promotions, and Transitions

SBPC announces major personnel changes: Aissa Canchola Bañez as Senior Advisor for Policy and Strategy, Ella Azoulay as Research and Policy Analyst, Brandon Herrera as Communications and Digital Coordinator, Persis Yu now as Deputy Executive Director and Claire Torchiana as SBPC Fellow.

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Press Releases

Sep 30, 2022

SBPC Statement on Republican AG-Led Lawsuit to Block Biden Administration Effort to Cancel Student Debt

The student loan industry has made it painfully clear to the American people that they will stop at nothing to protect their profits. For decades, borrowers, advocates, and law enforcement officials have raised the alarm on the student loan industry’s illegal and deceptive practices—including in a scathing report from a federal regulator unveiled just today exposing new evidence of mismanagement and abuse across the student loan system.

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Press Releases

Sep 21, 2022

Advocates Applaud House Passage of S. 1098 to Provide Student Loan Borrowers Relief from Joint Consolidation

SBPC urges the Administration to swiftly implement the newly passed S. 1098, Joint Consolidation Loan Separation Act, to finally provide relief for student loan borrowers with Spousal Consolidation Loans.

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