In a comment, SBPC outlines the various failures and harms that stem from ED’s “bundled services” loophole, and calls for its immediate recission.
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SBPC comments on proposed changes to IDR, praising certain expansions of the protection while urging ED to go further and eliminate shortcomings likely to hurt those who are already financially vulnerable.
SBPC calls on ED to use its existing authorities more robustly to weed out predatory courses of study.
Groups urge CFPB to take action to protect workers and families from TRAPs.
SBPC submits comments to the U.S. Department of Education’s NPRM on expanding Pell Grant eligibility for Prison Education Programs.
SBPC submits a comment applauding certain proposed changes aimed at expanding access to the PSLF program and outlining additional needed changes.
SBPC’s comment urges action to ensure that the most vulnerable student loan borrowers are protected from harmful collection practices by the Treasury.
Groups warn that, in light of the delayed implementation of the STOP Act third-party access system, Section D.3 risks blocking vulnerable borrowers from getting necessary legal assistance.
Advocates commented on proposed rules for education financing products in California aimed at protecting borrowers from predatory education financing products.
Student Borrower Protection Center offers comments on proposed interagency guidance for banking organizations on managing risks associated with third-party relationships.