April 29, 2024 Advocates Applaud ED’s Announcement to Protect Borrowers by Removing More than One Million Borrowers from MOHELA After it Admits Its Inability to Properly Service Borrowers After Tripling Loan Volume ...chose to triple its loan volume despite an inability to serve those borrowers—evidenced by its complex call deflection scheme, which diverted borrowers away from help, even when it knew that... Learn More
January 5, 2023 FTC Stands With Workers and Borrowers Through Proposed Blanket Ban On Non-Compete Clauses ...workers, labor unions, consumer advocates, and other experts about the harms of coercive employment contracts, the Federal Trade Commission (FTC) proposed a sweeping rule to ban all non-compete clauses today—delivering... Learn More
October 13, 2020 New Report Exposes More Than Five Million Student Loan Servicing Errors Hindering Public Service Loan Forgiveness ...service workers seeking access to loan forgiveness today. The new report includes recommendations to obtain justice for borrowers harmed by ACS’s errors and to strengthen accountability for student loan companies... Learn More
Dan Cohen, Emily Rosenman, and Tom Baker | August 23, 2022 Income Share Agreements: Predatory Inclusion into a Deeply Unequal Education System ...entice students into signing complex ISA contracts. As various legal proceedings brought by ISA borrowers have shown, many have come to regret the conditions of these contracts. Airbrushing New Forms... Learn More
Tariq Habash | July 31, 2020 Broken Promises: Investigating the Department of Education’s Employer Certification Process ...qualifying employers for PSLF, but show up in other ED communications as ineligible; and (3) Employers that are deemed qualifying employers, but in subsequent communications by the Department (see “comprehensive... Learn More
Tariq Habash | February 14, 2020 One More Way States Can Step Up as Betsy DeVos Rolls Back Legal Protections ...process. Despite some limiting case law, states retain the right under the Commerce Clause to “operate freely in the free market.” Just last week, a district court judge ruled against... Learn More
September 17, 2024 As Senate Hearing Sets Stage for Federal Policymakers to Take Overdue Action to Protect the Millions With Private Student Loans, SBPC Releases New State-by-State Data ...the full hearing will be made available here: https://www.youtube.com/@senatebankinghousingandurb4992 Read full written testimony by Aissa Canchola Bañez, SBPC Policy Director here: https://protectborrowers.org/wp-content/uploads/2024/09/Banez_Written-Testimony_PSL-Senate-Banking_9-17-2024.pdf Read full written testimony by Dalié Jiménez, Director,... Learn More
April 23, 2024 Advocates Applaud the Federal Trade Commission’s Ban on TRAPs and Stay-or-Pay Contracts that Function as Non-Competes April 23, 2024 | WASHINGTON, D.C. — The Federal Trade Commission (FTC) released a final rule today that would restrict companies that it regulates from requiring workers to enter non-compete... Learn More
May 6, 2020 Private Student Loan Borrower Protections ...Shady creditors falsify documents in “robo-signing” schemes to churn out collection lawsuits. Companies send borrowers off to collections right as they are negotiating alternative repayment plans. States are free to... Learn More
May 27, 2022 Historic Labor and Civil Rights Coalition of 500+ Organizations Calls on Joe Biden to “Immediately” Cancel Student Debt Organizations From All 50 States Demand Executive Action on Student Debt as New Tracking Poll Continues to Show Likely Voters Support Action by 2:1 Margin Friday, May 27, 2022 |... Learn More