Media Type: Press Releases

Delivering on Debt Relief: Cancelling Student Debt on Day One and Beyond

Student Borrower Protection Center and Demos hosted a virtual conference featuring student loan advocates, experts, and policymakers discussing how the Biden administration can take immediate action to deliver promised relief to servicemembers, public servants, defrauded borrowers, and other vulnerable groups.

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NAACP Legal Defense and Educational Fund and Student Borrower Protection Center Announce Fair Lending Testing Agreement with Upstart Network

Agreement marks new standard for fair lending oversight in financial technology.

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Delivering on Debt Relief: Cancelling Student Debt on Day One and Beyond

December 11, 202012:00 PM ET/9:00 AM PT Co-Hosted By: Student Borrower Protection Center and Demos The Student Borrower Protection Center and Dēmos are hosting a virtual conference on student debt cancellation. The event will feature leading advocates, academics, and policymakers discussing how a future administration committed to supporting student loan borrowers can provide substantial, immediate debt […]

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Advocates Release Roadmap for the Biden Administration to Fix Broken Programs for Servicemembers, Teachers, Defrauded Students, & Other Vulnerable Borrowers Denied Promised Student Debt Relief

The SBPC and Dēmos released a new report featuring contributions from leading student loan experts and advocates outlining how the Biden administration can take immediate action to cancel student debt for millions of Americans.

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New Report Exposes More Than Five Million Student Loan Servicing Errors Hindering Public Service Loan Forgiveness

The report identifies over five million new ACS servicing errors that contributed significantly to the PSLF program’s failures and derailed promised loan forgiveness for hundreds of thousands of borrowers. These failures continue to plague public service workers seeking access to loan forgiveness today.

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Statement from Seth Frotman, SBPC Executive Director and former CFPB Student Loan Ombudsman, on Senate Resolution Calling for Administrative Action to Cancel Student Debt to Stimulate the Economy

SBPC Executive Diretor Seth Frotman released the following statement on a senate resolution calling on the President to use existing authority under the Higher Education Act to provide broad-based debt cancellation to tens of millions of student loan borrowers.

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California Borrower Advocates Call on Governor Newsom to Sign the Student Borrower Bill of Rights Into Law

Following approval by the California State Assembly, the Student Borrower Bill of Rights is being sent to Governor Gavin Newsom.

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PayPal’s Partnerships With Over 150 For-Profit Schools Drive Students to Take on High-Cost Education Debt, Advocates Warn

An SBPC investigation found that PayPal Credit, a high-cost, digital credit product, is offered by over 150 for-profit schools as a means for students to finance tuition.

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Advocacy Groups Call on California Lawmakers to Pass the Student Borrower Bill of Rights

More than 70 supporters, 57 state and national civil rights, higher education, and consumer advocacy organizations sent a letter to California Senators, urging passage of the Student Borrower Bill of Rights (AB 376, Stone).

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Civil Rights and Advocacy Groups Call on California Lawmakers to Pass the Student Borrower Bill of Rights

23 state and national civil rights and advocacy organizations sent letters to California Senate leadership, urging them to pass the Student Borrower Bill of Rights.

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