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As of July 1, monthly payments on undergraduate loans for those enrolled in the SAVE plan were scheduled to be cut in half, dropping from 10% of their discretionary income to 5%. But in early June ...
But in a statement posted on the social media platform X, leaders of the Student Borrower Protection Center, which advocates for eliminating student debt, called the decisions “partisan lawfare ...
History. The Student Borrower Protection Center was founded in late 2018 by Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau; Mike Pierce, former lead higher education and consumer protection adviser at the bureau; and Bonnie Latreille, a former advisor to Frotman at the bureau.
Katherine Welbeck of the Student Borrower Protection Center recommends logging on to your account and making sure you know the name of your servicer, your due date and whether you’re enrolled in ...
You can get a refund without applying if your payments brought your loan balance below the maximum debt relief amount: $10,000 for all borrowers, and $20,000 for Pell Grant recipients. Borrowers ...
A federal appeals court has allowed the U.S. Education Department to move ahead with a plan to lower monthly payments for millions of student loan borrowers, putting on hold a ruling last week by ...
An 2020 investigation by the Student Borrower Protection Center (SBPC) last year also found that members of the military are facing several obstacles when it comes to getting student loan forgiveness.
The American Federation of Teachers (AFT) and the Student Borrower Protection Center (SBPC) released a new report Tuesday showing the CRA resolution would cause far greater harm to public service ...
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