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Project on Predatory Student Lending

ITT Student Files New Lawsuit Against Navient for Private Student Debt Cancellation | Press Release

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Harvard Magazine

“Attacking the Concept of Debt” | Harvard Magazine

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Update | Borrowers Raise Concern over Borrower Defense Denials

Students ask Courts to Stop the Department of Education from Denying Borrower Defense Claims | Blog

After a historic hearing last month in which a judge slammed Education Secretary Betsy DeVos’ blanket denials of students’ borrower defense claims and rejected a proposed settlement in our case Sweet v. DeVos, student borrowers are holding the Department of Education accountable in new and important ways.

Borrowers Seek to Hold Secretary DeVos in Contempt of Court for Refusing to Decide Borrower Defense Application | Press Release

Student borrowers filed a motion to hold Secretary of Education Betsy DeVos in contempt of court for failing to comply with an order to decide the borrower defense application filed by the Massachusetts Attorney General on behalf of approximately 7,200 former Corinthian Colleges students in Massachusetts.

Student Borrowers to Judge: Department of Education Can’t be Trusted to Process Borrower Defense Claims Fairly | Press Release

A federal judge today heard from student borrowers at a fairness hearing on the proposed settlement between students and the United States Department of Education that forces the Department to process all pending borrower defense claims.

“Attacking the Concept of Debt” | Harvard Magazine

Only a few years ago, Douglas Jones, who worked night shifts as a security guard at a nursing home in Roxbury, was hesitant to spend even $10 more than his typical budget allowed. Payments on his student loan debt were being withdrawn directly from his bank account. If the balance was short—for instance, if Jones hadn’t managed to get 40 hours at his job that week—the bank charged an overdraft fee. The debt had ruined his credit score and he hadn’t had a credit card in years. “They were even taking money I didn’t have,” Jones says. “It was stressing me the hell out.” Along with millions of other Americans, Jones had fallen prey to the for-profit college industry, which is in essence a two-pronged system—federal loans at one end and for-profit schools designed to access those loans at the other.

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Congress Rejects DeVos’ Borrower Defense Rollback | Press Release

In a rare bipartisan vote, the Senate rebuked Secretary DeVos by voting to overturn the 2019 borrower defense rule. This resolution would leave the 2016 borrower defense rule in place and prohibit the Department from attempting to make new borrower defense regulations.

Student Advocates Challenge DeVos’ Borrower Defense Rule | Press Release

Student advocates filed suit today to invalidate the U.S. Department of Education’s new borrower defense rules, which reverse vital protections from predatory schools and impose onerous standards and procedural hurdles for defrauded students seeking to assert their legal rights to cancel loans.

DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post

A federal judge is weighing higher fines for the Education Department after the federal agency disclosed that it pursued scores of additional borrowers for debt collection — violating a court order.

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STATEMENT: “This hearing has made clear once again that Secretary DeVos won’t let the law get in the way of her agenda against students” | Press Release

Secretary DeVos made her point very clear in today’s hearing: she does not believe that cheated borrowers are legally entitled to relief.

Breaking: Secretary DeVos Denies Students’ Rights to Full Debt Cancellation | Press Release

Education Secretary Betsy DeVos announced that she will deny full student loan cancellation to student borrowers who were cheated by their colleges and applied to have their federal loans cancelled.

What Do Students Do When a For-Profit College Closes? | The Atlantic

Jasmine Lee had finally found something she was happy with and wanted to pursue. She had been working as a medical assistant at an orthopedic center, and she was enjoying it. But she wanted more. So she figured she should check out the certificate program at Virginia College in Birmingham, where she works.

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