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  1. What We Do
  2. Federal Student Loans
  3. Default & Collections
  4. Treasury Offset Program

Treasury Offset Program


  • Press Releases
    Apr 21, 2025

    Advocates Slam Trump Administration for Throwing Millions of Americans With Student Debt Into the Jaws of Government Collections Machine

    The Trump Admin announced plans to begin subjecting millions of Americans in default to mandatory collections, including wage garnishment, tax refund and Social Security benefit offsets.

    More


  • Blogs
    Dec 11, 2024

    Millions of Student Loan Borrowers Are Headed Towards A Default Cliff

    For the first time in four-and-a-half years, millions of student loan borrowers will soon feel the economically draconian penalties of a student loan default once again.

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  • Blogs
    Mar 23, 2023

    New Data Shows Guaranty Agencies Illegally Took and Failed to Refund Tens of Millions of Dollars From Borrowers After Already Getting Caught Breaking the Law

    SBPC has uncovered new evidence that GAs stole millions of dollars from borrowers and illicitly refused tens of millions of dollars of refunds after already getting caught breaking the law.

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  • Press Releases
    Aug 2, 2022

    SBPC Publishes Collection of Expert Policy Papers and Holds Panel Series on Fixing the Broken Student Loan System: Beyond Fresh Start

    Series features Rep. Ayanna Pressley, Under Secretary of Education James Kvaal, and other leading experts highlighting key flaws and fixes to our broken student loan default system.

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  • Press Releases
    Apr 6, 2022

    New August End Date for Student Loan Payment Pause Puts Pressure on Biden to Move Fast to Cancel Student Debt

    The federal student loan payment pause and new “Fresh Start” loan program are an opportunity to fix the broken student loan system.

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  • 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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  • Press Releases
    Oct 19, 2021

    SBPC and NCLC Warn Education Department that Delaying “Operation Fresh Start” Will Deny Promised COVID-19 Protections to Millions of Student Loan Borrowers in Default

    The SBPC and NCLC released the following statements in response to press reports that ED is weighing but has not yet taken steps to protect millions of federal student loan borrowers from the harsh consequences of default.

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  • Blogs
    Sep 2, 2021

    New Evidence Reveals Guaranty Agencies Violated ED Orders to Stop Preying on Student Loan Borrowers During COVID

    New evidence uncovered through a FOIA request indicates that Guaranty Agencies did not comply with Department of Education guidance directing them to stop garnishing wages from defaulted borrowers during the COVID-19 pandemic.

    More


  • Blogs
    Jun 18, 2021

    Without Action, Millions of Families Will Be Denied Biden’s Top Anti-Poverty Lifeline Because of Student Loans

    Unless the administration takes swift and decisive action, cash made available through one of “the most important tools that the nation has in its arsenal to fight poverty” will soon be denied to struggling student loan borrowers and instead intercepted by the Department of Education (ED).

    More

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