user avatar
Protect Borrowers
@BorrowerJustice
Protect Borrowers (fkaโ€”SBPC). We protect people from predatory lenders & fight for an economy where debt doesnโ€™t limit opportunity.๐Ÿ—ž๏ธ[email protected]
Posts
  • Pinned
    user avatar
    The new student loan caps will โ€œmake it so that graduate school is only accessible to students from the wealthiest families,โ€ - @jennzhang_. Coupled with new restrictions on relief, this is โ€œa recipe for disaster,โ€ @AissaRCanchola.
  • user avatar
    [BREAKING] Building on @propublica's bombshell exposing Justice Alito's ties to billionaire investor Paul Singer, we dug into Singer's support for litigants in the SCOTUS student debt relief cases. This is #corruption. Alito must immediately recuse. protectborrowers.org/wp-content/uplโ€ฆ
  • user avatar
    Bigggggg PSA: If your loans have been paused since March 2020 but you made payments, you can request a FULL refund! This includes ppl who just learned they will get their loans cancelled (via @POTUSโ€™ cancellation, PSLF, PSLF waiver, or IDR waiver).
    You can get a refund for any federal student loan payments since March 2020!

Anyone with Department of Education owned federal student loans can request a refund of all amounts paid after March 13, 2020 through the end of the payment pause.

This applies to a LOT of borrowersโ€”INCLUDING the million+ who completely paid off their loans during the payment pause.

1. Call your servicer.
Call your servicer and request a refund, they will not accept a written request (takes ~5 minutes once they're on the phone).

2. Say the following:
"I would like a refund for the payments I made during the payment pause."

You should get your refund back within 6-12 weeks!

**IMPORTANT: Make sure you apply for a refund BEFORE  applying for cancellation.
  • user avatar
    Nobody should have to spend their entire life paying off debt accrued simply from seeking an education.
  • user avatar
    ๐Ÿ“ข๐ŸŽ‰BREAKING: Historic coalition of 529 labor and civil rights organizationsโ€”including @UAW @Teamsters @UFCW @SEIU @NAACP and @WeAreUnidosUS, and orgs from all 50 statesโ€”call on Joe Biden to IMMEDIATELY cancel student debt. protectborrowers.org/historic-laborโ€ฆ
    Working people say: Cancel student debt immediately.
    Screenshot of first 3 paragraphs of letter.
  • user avatar
    "45 million are drowning in student debt...you shouldn't have to face financial ruin bc you want a damn education! SCOTUS: Listen to the millions who are buried in debtโ€”do the right thing, support @POTUS' proposal, cancel student debt!" - @SenSanders
    Bernie Sanders in front of supreme court giving speech
  • user avatar
    Nobody should have to spend their entire life paying off debt accrued simply from seeking an education.
  • user avatar
    For decades, the student loan industry has lied to, stolen from, and shamelessly cheated student loan borrowers. It is long past due to end this predatory racket.
  • user avatar
    โ€œAre we the bad guys?โ€ -@MOHELA employee Redacted internal emails: ๐Ÿ‘‰protectborrowers.org/internal-mohelโ€ฆ
    Screenshot of internal MOHELA emails. Highlighted quotes include, "that lawsuit should be ruled as lacking standing," "MOHELA was opposed to this move, but couldn't do anything about it," and "Are we the bad guys?"
  • user avatar
    Cancelling student debt is ๐•–๐•ค๐•ค๐•–๐•Ÿ๐•ฅ๐•š๐•’๐• to closing the racial wealth gap.
  • user avatar
    "We're here today, bc @POTUS has the legal authority to cancel student loan debt! Let me say it againโ€”make them hear it inside, @POTUS has the legal authority to cancel student loan debt!!" - @ewarren
    Elizabeth Warren speaking in front of the supreme court
  • user avatar
    Cancelling student debt with means testing: โ˜…โ˜†โ˜†โ˜†โ˜† Cancelling student debt broadly: โ˜…โ˜…โ˜…โ˜…โ˜…โ˜…โ˜…โ˜…โ˜…โ˜…
  • user avatar
    More than 8 million borrowers are in default. In many states, this can mean their professional license gets revoked (and job lost). It's hard to pay your #studentloan debt when you're barred from working. @AyannaPressley & @chopraftc make clear that it shouldn't be this way.
    00:00
  • user avatar
    BREAKING: The nationโ€™s largest unions are mobilizing a last-ditch effort to convince President Joe Biden to go big on cancelling student debt. politico.com/news/2022/06/0โ€ฆ
    Unions say: Go big on cancelling student debt.