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Social Security


  • Deep Dives
    Jul 31, 2024

    Deep Dive: When Employers Turn Employees into Consumers, State and Local Regulators Can Turn to Consumer Protection Law

    This SBPC Deep Dive explains how state and local law enforcement and consumer regulators can prohibit TRAPs and other stay-or-pay contracts under existing consumer protection laws.

    More


  • Press Releases
    Jul 30, 2024

    Advocates to State Officials: Act Now to Protect Workers from Employer-Driven Debt TRAPs

    Experts and state consumer protection officials featured at virtual event on state and local action to end the Use of Training Repayment Agreement Provisions (TRAPs) by employers; SBPC releases new toolkit for state policymakers to take action.

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  • News Clips
    Jul 29, 2024

    Democratic senators warn of potential problems with student loan servicing changes

    The senators use the definition of white labeling given by the Student Borrower Protection Center, which states, “white labeling interferes with regulators and individual borrowers’ ability to hold these companies accountable for servicing failures. When contracted companies perform low-quality services, because their actions are labeled as those of government agencies, their responsibility is obfuscated and blame is deflected to the agency.”

    More


  • News Clips
    Jul 29, 2024

    What is Administrative Forbearance For Student Loans?

    More


  • News Clips
    Jul 27, 2024

    2U Bankruptcy Adds Fuel to OPM Uncertainties

    Longtime opponents of OPMs, including the Center for American Progress, the Project on Predatory Student Lending and the Student Borrower Protection Center, said the filing was an easy way out for a company that is long overdue for a final nail in its coffin.

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  • News Clips
    Jul 26, 2024

    Long-embattled 2U declares bankruptcy

    More


  • News Clips
    Jul 25, 2024

    These ‘zombie’ student-loan organizations still have power over borrowers’ lives

    More


  • Blogs
    Jul 25, 2024

    Mounting Evidence from State Watchdog Report Proves That, Yet Again, Public Universities Are Selling Out Students to For-Profit Companies

    Over the last few years, SBPC has been sounding the alarm on the risks of university partnerships with Online Program Management (OPM) companies and how these for-profit entities harm students. Now, a report released by the California State Auditor has confirmed many of the worst concerns we have raised.

    More


  • Press Releases
    Jul 25, 2024

    “A Perverse Outcome”: Advocates Warn that 2U Bankruptcy Could Protect Executives at Students’ Expense

    2U’s bankruptcy comes as the company’s executives have taken a series of unsuccessful steps to shore up the failing firm.

    More


  • Deep Dives
    Jul 24, 2024

    Deep Dive: State Law Provides an Untapped Route to Combat TRAPs and Other Coercive Contracts

    The following SBPC Deep Dive explains how state antitrust officials can prohibit TRAPs and other stay-or-pay contracts under existing unfair methods of competition laws. Eleven states have laws that provide them with the ability to categorically prohibit non-competes and similar contracts instead of challenging their legality on a case-by-case basis.

    More


  • News Clips
    Jul 24, 2024

    AFT sues MOHELA, alleging student loan servicer ‘misleads and misinforms’ borrowers

    More


  • News Clips
    Jul 23, 2024

    Student-loan servicer’s ‘Kafkaesque’ customer service kept borrowers in debt, suit claims

    More


  • News Clips
    Jul 22, 2024

    A major student-loan company is being sued over claims it mismanaged 8 million borrowers’ accounts, blocking them from lower payments and debt relief

    More


  • Press Releases
    Jul 22, 2024

    Embattled Student Loan Servicing Giant MOHELA Hit with Groundbreaking Consumer Protection Lawsuit for Failing 8 Million Student Borrowers

    Landmark complaint outlines a pattern and practice of illegal overcharging, incompetence, and an ongoing “call deflection” doom loop.

    More


  • Lawsuits
    Jul 22, 2024

    Student Loan Servicing Giant MOHELA Hit With Lawsuit for Failing 8 Million Student Loan Borrowers

    AFT filed a groundbreaking consumer protection lawsuit against the Higher Education Loan Authority of the State of Missouri (MOHELA), the giant student loan servicing company under fire for mismanaging student loan accounts for millions of people. AFT is represented by the Student Borrower Protection Center (SBPC), National Consumer Law Center (NCLC), and Selendy Gay PLLC.

    More


  • Lawsuits
    Jul 22, 2024

    MOHELA Lawsuit Complaint

    Read our full MOHELA lawsuit complaint from July, 2024.

    More


  • Fact Sheets
    Jul 22, 2024

    Fact Sheet: MOHELA Lawsuit

    Embattled student loan servicing giant MOHELA hit with groundbreaking consumer protection lawsuit for failing 8 million student borrowers.

    More


  • Press Releases
    Jul 18, 2024

    Eighth Circuit Bows to Right-Wing Politicians, Wreaking Havoc on Student Loan System by Blocking President Biden’s SAVE Plan

    Read SBPC’s latest press release.

    More


  • News Clips
    Jul 18, 2024

    Appeals Court Blocks Biden’s Student Loan Repayment Plan, Causing Uncertainty

    More


  • News Clips
    Jul 18, 2024

    Millions of student-loan borrowers face ‘chaos’ after court blocks Biden debt-relief plan

    More

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