The SBPC sends a letter applauding the University of California’s recent decision to ban fully online degrees, while urging it to fully protect students from predatory online program managers by also banning fully online non-degree programs.
More
The SBPC submits a comment applauding certain proposed changes aimed at expanding access to the Public Service Loan Forgiveness program and outlining additional needed changes.
SBPC offers comments on the CFPB’s proposal to create a registry of nonbanks that use restrictive terms in form contracts to block borrowers’ rights. SBPC praises the idea against a backdrop of endemic abuse and offers suggestions for how the CFPB could strengthen it.
In a letter, the SBPC praises and offers additional suggestions to strengthen the CFPB’s proposal to create a registry of covered nonbanks that are subject to certain federal, state, or local agency orders.
In a letter, SBPC praises and offers certain recommendations to strengthen ED’s February 2023 letter revising guidance to institutions that contract with third-party servicers to administer any aspect of their participation in the Title IV program.
In a letter, SBPC outlines the various failures and harms that stem from ED’s “bundled services” loophole, and calls for its immediate recission.
SBPC urges ED to conduct long-overdue scrutiny of the student loan system, study the effects of debt on borrowers’ lives, and provide basic but unknown facts about federal student lending.
SBPC comments on proposed changes to income-driven repayment, 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.
This memo urges the U.S. Department of Education (ED) to reconsider its exclusion of periods of time in default from the one-time Income-Driven Repayment (IDR) Account Adjustment, which ED announced as a remedy for borrowers who have been steered into forbearance or otherwise knocked off course from IDR cancellation.