Media & Events
As a result of this decision, tens of millions of borrowers will be unable to access lower monthly loan payments and 8 million borrowers will continue to have payments paused as lower courts consider legal challenges.
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Despite orders temporarily blocking lower student loan payments and forgiveness, no court has weighed in on the legality of the decades-old law used to deliver debt relief.
Anti-worker ruling aims to allow employers to use Training Repayment Agreement Provisions akin to modern-day indentured servitude.
Read SBPC’s latest press release.
SBPC urges ED to swiftly release final package of rules and enact much-needed relief to borrowers.
Experts and state consumer protection officials featured at virtual event on state and local action to end the Use of Training Repayment Agreement Provisions (TRAPs) by employers; SBPC releases new toolkit for state policymakers to take action.
2U’s bankruptcy comes as the company’s executives have taken a series of unsuccessful steps to shore up the failing firm.
Landmark complaint outlines a pattern and practice of illegal overcharging, incompetence, and an ongoing “call deflection” doom loop.