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Social Security


  • News Clips
    Apr 1, 2022

    How the pandemic unfairly saddled low-income California college students with debt

    Voice piece by Jonathan Glater, Charlie Eaton, and Laura Hamilton

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  • Letters & Memos
    Mar 31, 2022

    Purdue Must Stop Illegally Profiting at Students’ Expense—or Risk Losing its Access to the Federal Financial Faucet

    In a letter to the Department of Education, the SBPC exposes how Purdue University’s notorious “Back-A-Boiler” private student loan program puts students at risk and flagrantly violates the law.

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  • Comments
    Mar 31, 2022

    Coalition Comments on Agency Information Collection Activities; Comment Request; Third Party Authorization

    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.

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  • Press Releases
    Mar 30, 2022

    SBPC Statement on CFPB Action to Halt Student Loan Company Scheme to Deny Debt Relief to Public Service Workers

    In response to the CFPB’s announcement of an enforcement action against Edfinancial, SBPC executive director Mike Pierce released the following statement.

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  • Letters & Memos
    Mar 30, 2022

    PHEAA Borrower Voices on the Incomplete Promise of Relief through IDR

    This memo details how borrowers such as those whose loans have been serviced by the Pennsylvania Higher Education Assistance Agency (PHEAA), also known as AES and FedLoan Servicing, will still be left behind if fixes to Income-Driven Repayment (IDR) do not provide credit towards loan forgiveness for borrowers’ time in default, forbearance, and deferment.

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  • Press Releases
    Mar 24, 2022

    New Poll: As Restart of Student Loan Payments Approaches, Vast Majority of Latino Voters Expect Major Shift in Families’ Financial Security

    More than 6-in-10 Latino Voters Expect “Major Changes to Saving or Spending” if Payments Resume in Five Weeks; Supermajority of Latino Voters Support Action by President Biden to Extend Payment Pause, Cancel Student Debt

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  • Polling
    Mar 24, 2022

    Poll: As Restart of Student Loan Payments Approaches, Vast Majority of Latino Voters Expect Major Shift in Families’ Financial Security

    More than 6-in-10 Latino Voters Expect “Major Changes to Saving or Spending” if Payments Resume in Five Weeks; Supermajority of Latino Voters Support Action by President Biden to Extend Payment Pause, Cancel Student Debt

    More


  • Reports
    Mar 17, 2022

    Creditor Colleges: Canceling Debts that Surged During COVID-19 for Low-Income Students

    According to this new report, when students owe debts to “Creditor Colleges,” the consequences can be catastrophic.

    More


  • Press Releases
    Mar 17, 2022

    New Report: COVID-19 Drove Nearly 750,000 Low-Income Students to Owe $350 million in Debt to California Public Colleges

    California Schools Transformed into “Creditor Colleges” During the Pandemic; Low-Income Students Denied Access to Higher Education, May Face Debt Collection and Forfeiture of Government Benefits March 17, 2022 | WASHINGTON, DC — Today, a team of researchers at University of California, Berkeley School of Law, University of California, Irvine School of Law, and University of […]

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  • Blogs
    Mar 14, 2022

    What Borrowers Need to Know About Aidvantage and What To Do Today

    All borrowers whose loans were previously serviced by Navient should take the following four steps to protect themselves during and after the transfer to Maximus.

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  • Press Releases
    Mar 14, 2022

    New Investigation Reveals Evidence of Widespread Failure and Abuse by World’s Largest Student Loan Company

    The Communications Workers of America and the SBPC released the results of an investigation into the world’s largest student loan company, uncovering new evidence of systemic mismanagement, failure, and abuse.

    More


  • Reports
    Mar 14, 2022

    Customer Disservice: Examining Maximus, The Federal Contractor That Just Became The Largest Student Loan Company In The World

    This report details the Student Borrower Protection Center and Communications Workers of America’s joint investigation into Maximus, the world’s largest student debt company.

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  • News Clips
    Mar 11, 2022

    Consumers take issue with Aidvantage’s management of federal student loans

    “We’re very concerned,” said Persis Yu, policy director and managing counsel at the Student Borrower Protection Center, an advocacy group. “The company is taking over a large portfolio of student loans at a time when borrowers are especially vulnerable. And there’s a real question about whether they’re prepared.”

    More


  • Press Releases
    Mar 11, 2022

    New Poll: Time for Action – Large Majority Backs Pause on Student Loan Payments

    SBPC and Data for Progress today released their latest tracking poll demonstrating widespread public support for federal action to protect people with student debt.

    More


  • Polling
    Mar 11, 2022

    Poll: Time for Action – Large Majority Backs Pause on Student Loan Payments

    SBPC and Data for Progress released this tracking poll demonstrating widespread public support for federal action to protect people with student debt.

    More


  • Press Releases
    Mar 7, 2022

    Advocates Call for Continued Pause on Student Loan Payments Until President Biden Cancels Student Debt and Fixes the Broken Student Loan System

    Today, 210 organizations called on President Biden to extend the pause on federal student loan payments for tens of millions of borrowers that is currently set to expire on May 1st.

    More


  • Reports
    Mar 3, 2022

    Point of Fail: How a Flood of “Buy Now, Pay Later” Student Debt is Putting Millions at Risk

    This report documents the results of an SBPC investigation finding that emerging point-of-sale lending firms, particularly those in the rapidly growing BNPL space, are driving students toward risky loan products and propping up a startling array of questionable for-profit schools in the process.

    More


  • Press Releases
    Mar 3, 2022

    Watchdog Warns Students: Beware Risky New Loans By Tech Lenders for Dubious For-Profit Schools

    An SBPC review has identified more than 100 unaccredited and otherwise dubious for-profit schools that market point-of-sale financing such as BNPL credit as a variety of student loan.

    More


  • Letters & Memos
    Mar 2, 2022

    Nelnet Borrower Voices on the Incomplete Promise of Relief through IDR

    This memo describes how borrowers whose loans are serviced by Nelnet have suffered from the industry’s harmful practices, in particular when it comes to Income-Driven Repayment (IDR) options.

    More


  • News Clips
    Mar 2, 2022

    The US Government Pushed Hundreds of Married Couples Into Disastrous Student Loans

    More

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