Blogs Archives - Page 20 of 27

Milestones in the Fight to Protect California Borrowers

Last month, California lawmakers took decisive action to protect borrowers by passing a Student Loan Borrower Bill of Rights. For the nearly four million student loan borrowers in the state, the new protections and rights provided by AB 376 are desperately needed.

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The CFPB Must Investigate Climb Credit and Protect Borrowers Across the Dangerous, High-Cost Shadow Student Debt Market

SBPC has uncovered additional evidence of troubling practices and possible borrower harm by Climb Credit, a specialty lender that offers loans students can use to finance attendance at job training programs ranging from coding bootcamps to teacher training courses.

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New Data Show Dramatic Disparities for Borrowers of Color with Private Student Loans

New data from the Federal Reserve’s Survey of Consumer Finances show that distress continues to mount in the private student loan market—especially for borrowers of color.

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Reversing Trump-Era Obstruction and Demanding Justice for Student Borrowers

The Administration has repeatedly sided with some of the largest financial companies in America, rather than supporting efforts by law enforcement officials and regulators to protect borrowers and hold the industry to account. Borrowers deserve better.

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SLABS Dashboard

Monitoring the Student Loan Asset Backed Securities (SLABS) market.

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Relief Denied: Surveying Breakdowns in Pandemic Relief for Student Loan Borrowers

We want to better understand the pain points student loan borrowers are facing when navigating their finances amid the coronavirus pandemic. That is why we are encouraging borrowers to share their stories by participating in our new survey aimed at identifying where these widespread errors and breakdowns are occurring in the student loan system.

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New Department of Education Data Uncovered by Senator Murray Reveals How the Promise of Public Service Loan Forgiveness is Being Broken in Every State

Thanks to new evidence obtained by U.S. Senator Patty Murray, we are finally beginning to understand in detail how many people across the country are being denied PSLF.

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The Internal Government Communications and Records Exposing the Broken Employer Certification Process

In conjunction with the release of the report, “Broken Promises: Employer Certification Failure,” the SBPC released two new sets of documents and records that have never before been available to the public.

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How Private Student Loans are Furthering Racial Disparities in the Student Loan Market

Despite industry assurances that the private student loan market is free from borrower distress, a closer examination of outcomes suggests that certain subsets of borrowers disproportionately struggle with private student debt—namely, Black and Latinx borrowers.

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The Role of States in Protecting Students in the ISA Market

A new report finds that while ISAs are a relatively recent development in the student loan market, they share important common features with well-established loan products and fall squarely within those statutes.

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Media Type: Blogs

Milestones in the Fight to Protect California Borrowers

The CFPB Must Investigate Climb Credit and Protect Borrowers Across the Dangerous, High-Cost Shadow Student Debt Market

New Data Show Dramatic Disparities for Borrowers of Color with Private Student Loans

Reversing Trump-Era Obstruction and Demanding Justice for Student Borrowers

SLABS Dashboard

Relief Denied: Surveying Breakdowns in Pandemic Relief for Student Loan Borrowers

New Department of Education Data Uncovered by Senator Murray Reveals How the Promise of Public Service Loan Forgiveness is Being Broken in Every State

The Internal Government Communications and Records Exposing the Broken Employer Certification Process

How Private Student Loans are Furthering Racial Disparities in the Student Loan Market

The Role of States in Protecting Students in the ISA Market