WASHINGTON D.C. — A new survey from Student Debt Crisis Center (SDCC) highlights the growing confusion surrounding July 1st changes to student lending and the inability of borrowers to make their newly increased student loan payments. In a staggering finding, 67% of borrowers reported they will not be able to afford their new monthly payment amount — an early indicator of a larger default wave yet to come.

WASHINGTON D.C. — Today, a petition signed by student loan borrowers and advocates calling on the White House and policymakers to pause federal student debt payments and interest reached 130,000 individual signatures. The petition also demands that any paused months count toward Public Service Loan Forgiveness (PSLF) and Income-Driven Repayment (IDR) forgiveness timelines, as they did during the federal student loan payment pause at the onset of COVID-19.

WASHINGTON D.C. — A new report from Student Debt Crisis Center (SDCC) exposes the harsh reality student loan borrowers are up against as they face the end of the Saving on A Valuable Education (SAVE) plan forbearance. Significantly, the report found that 51% of borrowers exiting the SAVE plan will see their monthly payments increase by $500 or more...

Understand the impact of the end of the SAVE plan.

Join us Thursday, June 25th for the Let's Pause Payments event.

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

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

Amidst the looming student loan changes, new data reflects that Americans with student loan debt are falling behind on payments and entering default more than ever before. Nearly 25% of all student loan borrowers are behind on their payments, with over 5 million already having entered default.