July 15, 2020 Public Service Loan Forgiveness ...owed by at least 1.3 million borrowers had servicing errors due to the mismanagement of student loan servicing company Affiliated Computer Systems. SBPC and AFT Investigation on Mismanagement and Abuse... Learn More
July 30, 2024 Advocates to State Officials: Act Now to Protect Workers from Employer-Driven Debt TRAPs ...stay-or-pay contracts and TRAPs. “Stay-or-pay” employment contracts are an abusive form of employer-driven debt, and similar to TRAPs, serve as de facto non-compete agreements. They require departing employees to compensate... Learn More
November 22, 2022 After Hearing From Thousands of Student Loan Borrowers and Hundreds of Organizations, Biden Administration Extends Payment Pause ...New Revelations of Mismanagement and Abuse Compromising the Student Loan Safety Net: Explosive New Evidence of Mismanagement of Student Loan Program Shows Need for IDR Waiver Op-Ed on the Need... Learn More
December 22, 2020 Report: Dept. of Education Empowered Loan Servicers to Mislead Public Service Borrowers An explosive new report released today by the Student Borrower Protection Center and the American Federation of Teachers sheds new light on the U. S. Department of Education’s role in... Learn More
March 25, 2021 Advocates Warn That ISA Provider Stride Funding’s Lending Model is Potentially Harming Students of Color and Violating Fair Lending Law ...Historically Black Colleges and Universities (HBCUs). Stride Funding’s own data reveal that the company’s ISA products are priced in ways that could generate huge cost disparities for students of color... Learn More
September 2, 2021 Advocates Highlight Evidence that Guaranty Agencies Harmed Borrowers and Violated Department of Education Orders During COVID ...and collect on student loans, surviving as relics of the now-defunct Federal Family Education Loan Program (FFELP). Many of these companies have recently come under investigation by the CFPB for... Learn More
Winston Berkman-Breen | November 8, 2021 Check Out Our Resources for Accessing Public Service Loan Forgiveness By Winston Berkman-Breen | November 8, 2021 On the heels of receiving nearly 50,000 comments from borrowers about their experience being denied Public Service Loan Forgiveness (PSLF) due to bureaucratic... Learn More
July 21, 2022 130+ Groups Push White House to Extend and Expand Access to Public Service Loan Forgiveness and Income-Driven Repayment Student Debt Relief Programs New Analysis: Pandemic Relief is Succeeding in Providing Access to Cancellation Programs But Needs More Time to Help Borrowers Who Are The Most Financially Vulnerable July 21, 2022 | WASHINGTON,... Learn More
July 22, 2022 Delaying the Income-Driven Repayment Rule is Further Evidence of a Dysfunctional Student Loan System ...plans, the Department began the process of drafting new IDR regulations last fall. SBPC Policy Director and Managing Counsel Persis Yu served as a non-federal negotiator representing Legal Assistance Organizations... Learn More
November 8, 2018 What We Do ...work, SBPC is supporting state and local officials on the front lines of the crisis and driving new action on behalf of borrowers in communities, in court, and in government.... Learn More