The Project on Predatory Student Lending
Representing students against the for-profit college industry
BREAKING: Betsy DeVos Held In Contempt
A Federal Judge Held DeVos In Contempt of Court For Illegally Collecting on Loans Of Thousands Of Students In Project Case
New Lawsuit: Former MA Corinthian Colleges Students Sue Betsy DeVos
October 22, 2019
Amanda's Everest Institute Story
“It destroys your faith in the government and in our system of education and I think it’s important to stand up to that.”
Federal judge holds DeVos in contempt in loan case, slaps Education Department with $100,000 fine
Washington Post – October 24, 2019
- The Project on Predatory Student Lending
- BREAKING: Betsy DeVos Held In Contempt
- New Lawsuit: Former MA Corinthian Colleges Students Sue Betsy DeVos
- Amanda's Everest Institute Story
- Federal judge holds DeVos in contempt in loan case, slaps Education Department with $100,000 fine
About the Predatory For-Profit College Industry
For decades, the predatory for-profit college industry has exploited the promise of higher education. The industry specifically targets low-income students, people of color, immigrants, veterans, and others trying to build a better life for themselves, their families and their communities. Many are the first in their family to attend college. This industry draws nearly all its revenue from taxpayer dollars and relies on deceptive and relentless sales tactics to recruit students, leaving them worse off than they started. The Project’s landmark cases on behalf of student borrowers work to end these predatory practices and hold those who enable them accountable.
“Everything that the school promised, turned out to be false... Sanford-Brown Institute has left me and many other students with mountains of debt and no career path to dig ourselves out. Making this worse is that our own government has failed to step in to protect and help students.”
“[The Department of Education] should be protecting the students, because students were led to believe they were protected. And they are not, they are protecting...for-profit schools."
“I hope these rulings remind the Department of its obligation to its citizens who are the future of this country, and that it will start to act in the interest of students instead of for-profit institutions.”
-Meaghan, former student at New England Institute of Art
University of Phoenix Settlement ‘Drop in the Bucket’ for Student Debt, Advocates Say | NBC News
Advocates for students and veterans lauded a record $191 million settlement reached in a case against one of the country’s largest for-profit college chains this week as an important step forward in protecting students, but said the compensation was “a drop in the bucket” compared to the total debt borrowers owe.
Betsy DeVos Says Students May Only Get Partial Loan Relief in Fraud Cases | Market Watch
Students who are cheated by their colleges will receive full loan forgiveness only if they end up earning far less than their peers, while others will receive relief between 25% and 75% of their debt under new rules unveiled Tuesday by the U.S. Education Department. The policy is a departure from the Obama administration, which provided full loan forgiveness in cases of fraud, and it marks the second time the Trump administration has attempted to provide only partial loan relief.
Betsy DeVos Overruled Education Dept. Findings On Defrauded Student Borrowers | NPR
Documents obtained by NPR shed new light on a bitter fight between defrauded student borrowers and U.S. Education Secretary Betsy DeVos. These borrowers — more than 200,000 of them — say some for-profit colleges lied to them about their job prospects and the transferability of credits. They argue they were defrauded and that the Education Department should erase their federal student loan debt under a rule called “borrower defense.”
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