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  1. Resources & Litigation
  2. Letters/Memos

Letters & Memos


  • Letters & Memos
    Feb 18, 2022

    One Door Closes & Others Remain: Institutional Loans and the 90/10 Formula

    In connection with the second session of ED’s negotiated rulemaking on the 90/10 rule and Institutional and Programmatic Eligibility, the Center for Responsible Lending, and the SBPC sent a memo to ED warning about the risks of counting institutional loans a revenue.

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  • Letters & Memos
    Dec 20, 2021

    Advocates Outline a Path Forward for California to Rein in Shadow Student Debt

    Advocates commented on proposed rules for education financing products in California aimed at protecting borrowers from predatory education financing products.

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  • Letters & Memos
    Dec 8, 2021

    More Than 200 Organizations Urge President Biden to Delay Restarting Student Loan Payments

    In a letter to President Biden, the SBPC and over 200 organizations call on the administration to extend the pause on student loan payments scheduled to resume for millions of borrowers on January 31, 2022.

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  • Letters & Memos
    Dec 6, 2021

    Advocates Demand Industry Deliver Borrowers their Right to PSLF

    SBPC and a coalition of the nation’s largest unions sent letters to 25 large student loan companies demanding immediate action to ensure successful implementation of ED’s recent overhaul of PSLF.

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  • Letters & Memos
    Dec 1, 2021

    Advocates Call on the CFPB to Protect Workers Against Predatory Employer-Driven Debt

    The SBPC and the Open Markets Institute warn the Consumer Financial Protection Bureau about the risks that emerging forms of employer-driven student debt pose for workers and markets.

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  • Letters & Memos
    Nov 3, 2021

    Letter to PHEAA Warning of Potential Consumer Protection Violations Related to PSLF Implementation

    In a letter to PHEAA, the SBPC warns the company that providing incorrect, misleading information to borrowers related to the recent overhaul of the Public Service Loan Forgiveness (PSLF) program violates federal and state consumer financial protections.

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  • Letters & Memos
    Oct 28, 2021

    Letter to the CFPB on Troubling Practices by Large Technology Companies

    In a letter to the Consumer Financial Protection Bureau, the SBPC calls attention to troubling practices by large technology companies that are occurring in the higher education finance and postsecondary education space.

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  • Letters & Memos
    Oct 19, 2021

    Comments in Response to Proposed Interagency Guidance on Third-Party Relationships

    In a letter, the Student Borrower Protection Center offers comments on proposed interagency guidance for banking organizations on managing risks associated with third-party relationships.

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  • Letters & Memos
    Sep 21, 2021

    Letters to Federal Regulators on Income Share Agreements

    In light of recent action by the CFPB to affirm that ISAs are a form of private student loan that must comply with all relevant state and federal consumer financial protections, the SBPC sent letters to a number of federal agencies highlighting the need for increased scrutiny of the ISA market.

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  • Letters & Memos
    Sep 13, 2021

    Advocates Public Comment to Department of Education on Federal Preemption and Joint Federal-State Oversight of Federal Student Loan Servicing and Collections

    In a public comment to the U.S. Department of Education (ED), the SBPC, American Federation of Teachers, AFL-CIO, Americans for Financial Reform Education Fund, Center for Responsible Lending, and the National Consumer Law Center, representing students, student loan borrowers, teachers, and consumers, applaud ED’s affirmation that states are important partners in protecting student loan borrowers and call for more support by  states as they continue this important work.

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