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  1. Media & Events
  2. Press Releases

Press Releases


  • Press Releases
    Jul 1, 2025

    Republican Controlled Senate Advances “Big, Terrible Bill,” Delivering Massive Tax Cuts to Billionaires on the Backs of Students and Working Families

    Senate bill will drastically raise costs on American families, push higher education further out of reach, and gut our consumer watchdog—threatening the financial security of millions.

    More


  • Press Releases
    Jun 24, 2025

    U.S. Department of Education’s Proposed PSLF Language Uplifts Thinly-Veiled Fascism

    ED released proposed regulatory language to implement President Trump’s EO to exclude certain employers from the PSLF program.

    More


  • Press Releases
    Jun 13, 2025

    New York Legislature Votes by Overwhelming, Bipartisan Majority to Protect Workers From TRAPs

    SBPC applauds the NY State Legislature for passing Assembly Bill A584C, the Trapped At Work Act. This bill will prohibit employers from imposing TRAPs on employees, which put workers on the hook for thousands of dollars in debts owed directly to their employers if they quit, change jobs, or are laid off.

    More


  • Press Releases
    Jun 11, 2025

    Senate Republicans Double Down on House’s Cruel Agenda, Push Reconciliation Bill That Jacks Up Costs for Students and Families to Bankroll Billionaire Tax Breaks

    New analysis projects borrowers would owe thousands of dollars more per year under new Senate proposal.

    More


  • Press Releases
    Jun 4, 2025

    Advocates Sound Alarm as Lead Detractor of Student Debt Cancellation, Joshua Divine, Is Nominated for Lifetime Federal Judicial Appointment

    Later today, Joshua Divine, chief legal architect behind the Republican states-led opposition to the Biden Administration’s student debt relief efforts, will appear before the Senate Committee on the Judiciary as nominee for a federal district judge in Missouri.

    More


  • Press Releases
    Jun 3, 2025

    Trump Administration Caves on Plans to Snatch Social Security Benefits After Months of Pressure From Borrower Advocates

    ED told reporters that the Trump Admin was reversing course and pausing its plans to offset the Social Security benefits of defaulted student loan borrowers. This is in contrast to the Admin’s April 21st announcement stating that it planned to subject millions of Americans in default to mandatory collections, including wage garnishment, tax refund, and Social Security benefit offsets.

    More


  • Press Releases
    Jun 2, 2025

    Groups Urge U.S. Department of Education to Ensure Robust Representation on Student Debt Rulemaking Panel

    Letter proposes slate of diverse and qualified negotiators ready to lend vital expertise and experience on PSLF and IDR.

    More


  • Press Releases
    May 27, 2025

    Consumer Groups Sound Alarm as the Trump/Vought CFPB Dismisses or Terminates Enforcement Actions, Leaving Harmed Consumers High and Dry

    Dozens of quiet corporate pardons show lawbreakers’ influence with Trump enforcers.

    More


  • Press Releases
    May 22, 2025

    House Republicans Rush Passage of Massive Reconciliation Bill Delivering Tax Cuts to Billionaires on the Backs of Students and Working Families

    The bill delivers $4.5 trillion in tax cuts to the richest Americans and largest corporations by slashing lifesaving healthcare, food assistance, education, and other critical programs working families rely on.

    More


  • Press Releases
    May 21, 2025

    After Senate Committee Hearing, One Dire Warning: Trump Policies Will Spike Higher Education Costs and Crush Families

    Statement from SBPC’s executive director Mike Pierce.

    More

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