"The old Sallie Mae is the new Sallie Mae." –Julie Margetta Morgan, TCF President This month, the Department of Education resumed involuntary collections on student loans—immediately impacting 5.3 million borrowers already in default with 10 million at risk. With federal safeguards being dismantled, the student debt crisis has become a profit engine for private lenders and for-profits. David Dayen’s “Borrowers Besieged” exposes how Maximus and other contractors are pushing borrowers deeper into default, and how GOP proposals would force students into predatory private loans that operate like payday lenders and other high-risk businesses. Learn more: https://prospect.org/education/2025-05-27-borrowers-besieged-student-debt/ (fb)

Gov. Josh Shapiro has a chance to make history by backing the Family Care Act—a bill that would make Pennsylvania the first swing state with paid family and medical leave. 81% of Pennsylvania voters (including 67% of Republicans) support the policy. Learn more from TCF's Rachel West and Gayle Goldin in today's Philadelphia Inquirer. (fb)