May 13, 2026 | SACRAMENTO, CA — Yesterday, Governor Newsom announced that he will appoint Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB), to lead the new statewide Business and Consumer Services Agency, which will focus on protecting families and small businesses across California’s economy. The move comes as the Trump Administration has gutted the CFPB, the sole federal consumer financial law enforcement agency charged with protecting everyd

On March 26, 2026 students, borrower advocates, and academic experts testified before the Little Hoover Commission’s hearing entitled, “Student Institutional Debt in California.” The historic hearing was convened in response to a request from Assemblymember Blanca Pacheco and the Campaign for California Borrower Rights coalition and marked the first time the independent citizens-legislative commission is investigating the growth of institutional debt and exploring potential p

Join us March 30th, 2026 for our annual State of Student Debt Summit.

SACRAMENTO, CA — Today, students, borrower advocates, and academic experts will testify before the Little Hoover Commission’s hearing entitled, “Student Institutional Debt in California.” The historic hearing, convened in response to a request from Assemblymember Blanca Pacheco and the Campaign for California Borrower Rights coalition, marks the first time the independent citizens-legislative commission is investigating the growth of institutional debt and exploring potential

WASHINGTON, D.C. – The Department of Education announced today that it will initiate a transfer of the student loan portfolio to the U.S. Department of the Treasury through an interagency agreement. The Student Debt Crisis Center (SDCC) strongly opposes this reckless transfer, as it will create more confusion and harm to Americans with student loan debt. Due to the ongoing affordability crisis, many borrowers are increasingly worried about their ability to make payments, and

Filings say that the court killed the SAVE Plan unlawfully, substituting “private negotiation for judicial resolution” Washington, D.C. — Last Friday, Public Goods Practice, LLP (PGP) filed a motion to intervene in a federal lawsuit to protect the SAVE student loan repayment plan. Four student loan borrowers represented by PGP are asking a District Court Judge to reconsider his prior order in Missouri v. Trump that seeks to eliminate the SAVE Plan...

FOR IMMEDIATE RELASE CONTACT: Natalia Abrams natalia@studentdebtcrisis.org Lawsuit says government is unlawfully blocking lower payments and loan discharge for millions Washington, D.C. — Public Goods Practice, LLP filed a federal lawsuit today on behalf of four student loan borrowers seeking to compel the U.S. Department of Education to fully implement the SAVE student loan repayment plan and deliver relief without delay. On Feb. 27, a District Court Judge in Missouri dismis

The Student Debt Crisis Center (SDCC) welcomes today’s announcement that the Department of Education will pause efforts to garnish wages and seize tax refunds for the estimated 5 million student loan borrowers who have defaulted on their federal student loans.