Blocking the new repayment plan would “make permanent the debt trap for any borrower who does not earn enough money to afford their monthly loan bills,” said Mike Pierce, executive director of the Student Borrower Protection Center.
Joe Biden student loan agenda would be 'annihilated' by GOP bill
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“The real story here is the huge risk this poses to tens of millions of working people who SoFi would never lend to - families across the country that depend on the student loan payment pause to shield them from financial devastation,” said Mike Pierce, executive director of the Student Borrower Protection Center.
SoFi sues to block student loan payment pause
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