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Home » Updates & News » Student Loan Borrower News » Page 7

Student Loan Borrower News

More Updates & News

Federal Loan Relief Options for Independence University, Stevens-Henager College, CollegeAmerica, and California College San Diego Students

August 04, 2021
by Kyra Taylor
Note: There is a lot to consider when your school closes! We held a webinar to help students understand their options on August 3, 2021. You can view a recording […]
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Without Action, Millions of Families Will Be Denied Biden’s Top Anti-Poverty Lifeline Because of Student Loans

June 18, 2021
by Persis Yu
By Persis Yu and Seth Frotman On Monday, the Biden Administration will host a national day of awareness around the Child Tax Credit (CTC). This key benefit offers low- and […]
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Department of Education Takes Small, Common Sense Steps Towards Improving Covid-19 Relief

April 08, 2021
by Kyra Taylor
The CARES Act and subsequent executive actions have provided a much needed reprieve to millions of student loan borrowers during the COVID-19 crisis. Unfortunately, millions of borrowers have been excluded […]
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Lawsuit Against DeVos Ends; Fight for Defaulted Borrowers Continues

March 22, 2021
by Persis Yu
On April 30, 2020, Student Defense and the National Consumer Law Center (NCLC), with the support of the Student Borrower Protection Center (SBPC), filed a class action lawsuit against the […]
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Dep’t of Education Takes First Step To Restore Borrower Defense Relief–But Much More Needs to Be Done

March 19, 2021
by Abby Shafroth
Yesterday, the Department announced an important first step toward fixing the badly broken borrower defense program by rescinding the deeply flawed and unsupported “partial relief” policy adopted by former Secretary […]
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Student Loan Payment Suspension Extended through September 30, 2021: What Borrowers Need to Know

January 28, 2021
by Persis Yu
On January 20, 2021, his first day in office, President Biden directed the U.S. Department of Education to extend the coronavirus-related payment suspension and 0% interest rate on certain federal […]
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What Would Student Loan Cancellation Mean to You?

December 17, 2020
by Persis Yu
Today, Congresswoman Pressley, in partnership with Congresswomen Omar and Adams and Chairwoman Maxine Waters, introduced a House companion to Senators Schumer and Warren resolution calling upon President-Elect Biden to cancel […]
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UPDATED DECEMBER 2020: The Presidential Memorandum to Extend The Student Loan Payment Suspension: What it Does and How it Falls Short

December 08, 2020
by Kyra Taylor
On Saturday, August 8th, President Trump signed a presidential memorandum directing the Secretary of Education to extend a payment suspension and stop interest accrual for all student loans held by the […]
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President-Elect Biden’s Student Loan Promises Could Improve the Lives of Millions of Low-Income Americans

December 08, 2020
by Persis Yu
On the campaign trail, President-Elect Biden made a number of student loan promises that would alter the lives of millions of Americans. In response to the COVID-19 crisis, he promised […]
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Important Note: On June 24, 2024, two court decisions temporarily blocked parts of the SAVE Plan from taking effect. These decisions may change borrowers’ rights and access to certain benefits, including repayment plans. We will update this website with more details on how this will impact borrowers soon. Visit here for more information.


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