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  1. Resources & Litigation
  2. Letters/Memos

Letters & Memos


  • Letters & Memos
    Mar 10, 2021

    The Campaign for California Borrowers’ Rights Call on the CA Department of Financial Protection and Innovation to Create Strong Protections for Student Loan Borrowers

    In a letter sent to the Commissioner Alvarez, the Campaign for California Borrowers’ Rights—a coalition of advocacy organizations committed to protecting student loan borrowers—calls on the newly created California Department of Financial Protection and Innovation to use its authorities to engage in diligent supervision, proactive enforcement, deliberate rulemaking, and smart data collection to protect California’s 3.8 million student loan borrowers.

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  • Letters & Memos
    Mar 2, 2021

    Student Borrower Advocates Call on Lawmakers to Confirm Rohit Chopra as Next CFPB Director

    In a letter sent to the U.S. Senate Banking Committee, 34 advocacy organizations, led by the SBPC and Americans for Financial Reform, called on the Committee to swiftly confirm FTC Commissioner Rohit Chopra as the next Director of the Consumer Financial Protection Bureau. Citing Chopra’s decade-plus of experience fighting for student loan borrowers and his […]

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  • Letters & Memos
    Feb 16, 2021

    SBPC and NCLC Demand Washington Stand Up for Millions of Student Loan Borrowers Struggling Without Relief During COVID

    In a letter to Acting Secretary of Education Philip Rosenfelt, the SBPC and the National Consumer Law Center (NCLC) urged immediate action to assist millions of student loan borrowers forgotten by Washington during COVID.

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  • Letters & Memos
    Feb 11, 2021

    Advocates Call on CFPB to Prioritize the Student Debt Crisis as a Civil Rights Crisis

    The SBPC sent a letter to the urging that any efforts focused on removing barriers to societal equity must acknowledge the racially disparate effects of the student debt crisis and the decades-long failure to effectively regulate the student loan industry.

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  • Letters & Memos
    Oct 21, 2020

    Advocates Warn Specialty Student Lender Climb Credit May be Deceiving Borrowers and Engaging in Pervasive Consumer Protection Violations

    The SBPC sent a letter to the CFPB warning of troubling business practices and possible borrower harm by Climb Credit, a specialty lender that provides financing for education and vocational training courses.

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  • Investigations Letters & Memos
    Aug 21, 2020

    Advocates Sound Alarm on PayPal’s Education Financing Partnerships with Over 150 For-Profit Schools

    The SBPC, Allied Progress, Americans for Financial Reform, and Student Debt Crisis sent letters to the CEO of PayPal, Inc. and its regulators warning that the tech firm may be driving significant harm to borrowers attending for-profit schools.

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  • Letters & Memos
    Aug 4, 2020

    SBPC and Partners Urge CFPB to Protect Borrowers During LIBOR Transition

    In a letter sent to the Consumer Financial Protection Bureau, the SBPC, the National Consumer Law Center, and Americans for Financial Reform, call on the CFPB to better protect consumers during the transition away from LIBOR.

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  • Letters & Memos
    Jun 4, 2020

    Advocates Oppose “Liability Shields” for Colleges Related to the Coronavirus Pandemic

    In a letter sent to the U.S. Senate Committee on Health, Education, Labor and Pensions, advocates, led by the SBPC and Americans for Financial Reform, oppose any effort to shield colleges from legal liability if they fail to protect the health and safety of students and workers.

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  • Letters & Memos
    May 29, 2020

    SBPC and Coalition Partners Warn of Continued Consumer Risk and Dangerous Stakeholder Complacency in the Transition Away from LIBOR

    The Student Borrower Protection Center, Americans for Financial Reform Education Fund, and the National Consumer Law Center sent a letter to the Alternative Reference Rates Committee, which is managing the transition away from LIBOR, raising key borrower protection concerns.

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  • Letters & Memos
    May 1, 2020

    SBPC, Military, and Veterans Groups Demand Industry Leaders Uphold SCRA Protections for Military Consumers

    Groups send 21 letters to financial industry leaders reminding them of their obligations under the Servicemembers Civil Relief Act.

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