All across the country, borrowers are struggling under the weight of student debt. To add insult to injury, predatory practices run rampant as the student loan industry looks to make a quick buck off the plight of borrowers. Student loan companies have cheated millions of people out of their rights and tacked on billions of dollars in extra debt along the way. Yet, millions of borrowers live in states that have not yet taken action to oversee and crack down on abuses by predatory student loan companies.
We can change this.
The first step to fighting back is knowing the facts.
Click on your state to see the impact of student debt.
States are leading the charge in the fight to end the student debt crisis by championing progressive policy change and standing up for borrowers. Over the last two years, a dozen states have pushed back against predatory actors by passing legislation that provides state-level protections for student loan borrowers.
But there is more work to be done. The SBPC’s States for Borrower Protection project provides support to advocates and policymakers working to protect borrowers by equipping them with the facts necessary to level the playing field. Take a look at the some of the latest ways states, territories, and tribal governments are stepping up to protect borrowers.
SBPC in the states
States are Leading the Fight to End the Student Debt Crisis
As states step up and expand their efforts to protect borrowers, the SBPC is bringing new tools, resources, and ideas to this fight. We are excited to be working with states, territories, and tribal governments to build on this momentum. Read more
Why Borrowers Matter, State by State
A state-by-state snapshot of statistics on student debt. This data should be front and center as as policymakers consider action to protect Americans from the economic effects of the coronavirus pandemic. Read more
Maryland Stands Up to Predatory Student Loan Lawsuit Machine Targeting Borrowers of Color
Borrowers in courtrooms across the country are being sued for faulty or unsubstantiated private student loan debt. We released new analysis showing how these private student loan collection practices are harming borrowers across the country—and hitting borrowers in Maryland particularly hard. Read more