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Join date: Apr 24, 2023

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Mar 26, 20264 min
HAPPENING AT 9:30AM PT: Little Hoover Commission Convenes Historic Hearing on Institutional Debt Crisis Across California
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 policy solutions...

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Mar 20, 20262 min
Department of Education Creates Chaos, Announces Transfer of Student Loan Portfolio To U.S. Treasury Department
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 the added uncerta...

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Mar 17, 20264 min
Student Debtors Ask Court to Reconsider Decision to Eliminate the SAVE Student Loan Plan
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...

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