Student Borrower Protection Center
@theSBPC
SBPC is a nonprofit organization fighting to protect people from predatory student lenders and end the student debt crisis. Media: [email protected]
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Trump and the WWE Secretary want to seize folks' wages, tax refunds, & Social Security checks if their student loans are in default. My bill with @SenBooker and @SenWarren would stop it. I joined @theSBPC to discuss the bill, the cruelty of garnishment, and to share resources.
.@allisonmpreiss: "Fifteen years ago, in the wake of the financial crisis that decimated the U.S. economy, Congress passed the law that created the CFPB. Six months in to Trump’s second term, it’s clear that the corporations are back in charge." msnbc.com/opinion/msnbc-…
The writing is on the wall. If you use debt to exploit your workers, you will face justice. 👏@AGRobBonta @COAttnyGeneral @AaronDFordNV Nurses in CA, CO, and NV are finally free from abusive worker TRAPs—next up, everyone else! protectborrowers.org/state-ags-halt…
“The ability of borrowers to pause payments and interest on subsidized loans during financial shocks and hardship is a critical benefit of the federal loan program.” cnbc.com/2025/06/17/big…
By weaponizing Public Service Loan Forgiveness, the Trump Admin is threatening public service workers and weakening the communities that rely on the essential services they provide.
The student debt crisis holds back future generations.
Issues with your federal student loans or loan servicer? Your elected officials can help! Use our Congressional Casework Tool to learn how: protectborrowers.org/caseworktool
From predatory for-profit schools to shady servicing companies—borrowers don’t deserve a student loan system rife with abusive actors, they deserve protection and 𝙟𝙪𝙨𝙩𝙞𝙘𝙚.
Borrowers deserve better than predatory student loan servicing companies.
Borrowers and their families experience material hardship because of their student loans.
Higher education should open doors—not lock borrowers into lifelong debt traps.
Trump signed the “Big Terrible Bill” into law. $4 TRILLION in billionaire tax cuts? $300 BILLION in cuts to higher education & financial aid programs? Students & borrowers want to know what this bill means for them. Our new blog has answers: protectborrowers.org/what-borrowers…
Our broken student loan system already puts too high a price tag on opportunity. Trump and Congressional Republicans’ “Big Terrible Bill” will only raise it more.
Banks use hidden junk fees as a means of profit at the expense of borrowers and families.
The Trump administration and McMahon "clearly have a lot of disdain for individual borrowers" and have gone out of their way to undermine borrowers' ability to repay their loans in the way that Congress intended. newsweek.com/student-loans-…
“Student loan debt is only consumer debt not dischargeable by bankruptcy… it effectively treats these borrowers as presumptive abusers. Among the most affected are seniors who face highest rates of delinquency & default” - @RepRaskin Student debt shouldn't be a life sentence.
Ty @SenSchumer @SenWarren @SenSanders for urging @EDSecMcMahon to reverse her plan to restart student loan interest for ~8 million borrowers trapped in the SAVE forb. We mapped out how much this would cost borrowers in every state. TLDR:~$3,500 a YEAR ➮ protectborrowers.org/advocates-appl…
When schools withhold academic transcripts from students who owe institutional debt, the student is left in limbo: they can’t get a job to earn the income they need to pay off their debt without a degree.
Borrowers deserve better than a broken student loan industry built on bad actors lining their pockets by putting borrowers deep into debt.
Imagine not having to stress about making student loan payments. For many Americans, this relief could mean providing for their children or finally starting a family.
Slashing the CFPB’s funding to deliver tax cuts to billionaires and big corporations is not only revolting but short-sighted.