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Project on Predatory Student Lending

Students Challenge Education Department’s Latest Scheme to Deny Student-Loan Relief | Press Release

Press Releases
Project on Predatory Student Lending

Florida For-Profit Colleges Sued for Selling Predatory Product and Targeting Black Students | Press Release

Press Releases
Project on Predatory Student Lending

Student Borrower Class Forces Department of Education to Process All Pending Borrower Defense Claims | Press Release

My Student Loan Truth: Shaun’s Art Institute Story | Blog

Secretary DeVos’s new Borrower Defense rules will gut important protections for students cheated by for-profit colleges. The rules would impose near-impossible standards for defrauded students seeking their rights to loan cancellation, a process that the Department has already made incredibly difficult for students like Shaun Joyce.

My Student Loan Truth: Jared’s South University Story | Blog

When the Dream Center chain collapsed, thousands of students were left stranded and scammed of education. Jared Russell was one of them.

Student Advocates Announce Closed School Discharges for Over 30,000 Student Borrowers | Press Release

Student Defense and the Project on Predatory Student Lending issued statements today responding to the U.S. Department of Education’s confirmation that it had discharged loans for over 30,000 student borrowers under the automatic closed school discharge provision of the 2016 borrower defense rule. The discharges include roughly $95.1 million in relief for approximately 7,700 former students of the predatory for-profit college, ITT Tech.

My Student Loan Truth: Lyndsie’s Art Institute Story | Blog

Lyndsie attended the Art Institute of California, where she was pressured into signing up for a design program and significant student loans. She soon realized that the school was a “joke” and her degree was worthless.

Project on Predatory Student Lending Statement on Education Department’s Processing of Automatic Closed School Discharges For Former ITT Students | Press Release

The Project on Predatory Student Lending today issued the following statement after the U.S. Department of Education confirmed it has finally begun to process automatic closed school loan discharges for a select group of former students of the predatory for-profit college, ITT Tech.

Student Loan Truth: Jessica’s Art Institute Story | Blog

I’m beyond disappointed about the fact that the government isn’t doing anything to stop these schools from defrauding students in the first place. The fact that there is no protection for a vulnerable 21 year old signing a loan for the first time and being taken advantage of isn’t fair or responsible. You shouldn’t need a lawyer to be able to go to college.

Servicers Are Wrongly Denying Closed School Discharges to Art Institute of Phoenix Students. Why? | Blog

Borrowers are eligible for a closed school discharge as long as they didn’t complete their program or transfer credits to a comparable program and were enrolled within 120 days of the schools’ closure date—in this case, December 14, 2018.

Cancel Student Debt, Boost the Economy | Medium

In April, Senator Elizabeth Warren released a bold plan for free public college and debt cancellation. This transformational proposal takes direct aim at some of the deepest inequities in education in America, and it’s funded by her Ultra-Millionaire tax on wealth above 50 million. The plan includes a $50 billion minimum fund for historically Black colleges and universities (HBCUs) and minority-serving institutions, and will make public college tuition-free at both two- and four-year institutions.

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My Student Loan Truth: Wilfredo’s Art Institute Story | Blog

Wilfredo Morales attended the Art Institute of York in Alabama, which promised him a degree and a job in graphic design. Instead, the school convinced Wilfredo AND his mother to take out massive student loans, and failed to deliver an education.

Despite Court Rulings, DeVos Leaves Obama-Era Rules Unenforced | Wall Street Journal

Education Secretary Betsy DeVos’s two-year effort to chisel away at the Obama administration’s education agenda has repeatedly been blocked by federal courts. Now, she is trying a different tactic: not enforcing the rules.

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