Media Type: Press Releases

New Study Warns That 40% of Americans—Including Nearly Two-Thirds of Pell Grant Recipients—Cannot Qualify for a Traditional Private Student Loan

A study published by Protect Borrowers and The Century Foundation warns that more than 40% of U.S. college students—including nearly two thirds of Pell Grant recipients—would not qualify for a traditional private student loan.

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Little Hoover Commission Convenes Historic Hearing on Institutional Debt Crisis Across California

Experts testified before the Little Hoover Commission’s hearing entitled, “Student Debt to California Colleges and Universities.” The historic hearing marks the first time the Commission is investigating the growth of institutional debt and exploring potential policy solutions to better protect students across California.

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Hearing Advisory: Little Hoover Commission to Hold First Ever Hearing on Institutional Debt Crisis Across California, Experts to Testify

Advisory for Thursday, March 26, 2026 SACRAMENTO, CA — On Thursday at 9:30 AM PT, students, borrower advocates, and academic experts will provide testimony before the Little Hoover Commission’s hearing entitled, “Student Institutional Debt in California.” The historic hearing marks the first time the independent citizens-legislative commission is investigating the growth of institutional debt—debt owed […]

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ED Plan to Unlawfully Transfer Student Loan System, Starting with Default Collections, to Treasury is Irresponsible, Reckless, and Bad News for Borrowers

This move will cause even more confusion about a student loan system that has been fraught with unprecedented disruptions and instability.

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NEW ANALYSIS: More Than Half of Credit Cardholders Are Carrying Debt Month-to-Month at Crushing Interest Rates As Trump’s Affordability Crisis Worsens

A report from The Century Foundation and Protect Borrowers reveals that 111 million Americans are getting crushed by credit card bills with sky-high interest rates.

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Amidst Unprecedented Disruptions and Chaos Within Student Loan System, Government Watchdog Report Sheds Light on How Mass Layoffs Put Borrowers At Greater Risk of Servicer Errors

GAO report shows ED layoffs resulted in scaled back oversight of student loan servicers, increasing risks of servicing errors, less servicer accountability.

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Following Reports of “Bilt Card 2.0” Meltdown, Advocates Call on the Trump CFPB to Protect Borrowers, Warn Congress of Risks to Renters

Bilt’s embrace of agentic AI to provide customer service highlights emerging risks, challenges for enforcement officials as borrowers allege doom-loops, detours, and dead-ends.

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Right-Wing AGs Win Decision Denying Affordable Student Loan Bills to Millions As Costs Skyrocket

In shocking reversal, Eighth Circuit orders lower court to bless back-room settlement killing SAVE for all.

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New Poll: Nearly Two-Thirds of Americans Prioritize Lower Credit Card Interest Rates Over Perks and Easy Approval

Even if Trump Did Manage to Deliver on a Credit Card Interest Rate Cap, 80% of Voters Say He Would Need to Do More to Show He’s Serious About Lowering Costs March 4, 2026 | WASHINGTON, D.C. — Today, as Trump’s policies continue to increase costs, Groundwork Collaborative and Protect Borrowers released a new Data […]

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Advocates to Education Department: Protect Millions of Student Loan Borrowers From Economic Harm and Growing Default Crisis in Final RISE Rulemaking

ED must cushion the blow of OBBBA; protect students in high-need fields from being pushed toward risky private loans or out of fields entirely.

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