Featured News
Coverage
New York Times
The $1.7 Billion Student Loan Deal That Was Too Good to Be True | New York Times
Coverage
Washington Post
DeVry, ITT Tech students among thousands of defrauded borrowers to receive $415 million in loan cancellation | Washington Post
Press Releases
Project on Predatory Student Lending
New Report Details Massive Scale of Fraud and Abuse at Notorious For-Profit College ITT Tech | Press Release
Statement On Navient Settlement Cancelling $1.85 Billion in Predatory Student Debt | Press Release
Today, Massachusetts Attorney General Maura Healey, joined by a coalition of 38 attorneys general, announced a settlement with private student loan lender Navient. Under the settlement, Navient will provide relief totaling $1.85 billion to resolve allegations of widespread unfair and deceptive student loan servicing practices and abuses in originating predatory student loans.
Congress Urged To Stop Propping Up Fraudulent For-Profit Colleges With Federal Pell Grants | Press Release
As part of President Biden’s Build Back Better framework, Democrats in Congress have proposed restricting for-profit colleges from receiving federal funds in the form of Pell Grant awards, a student aid program for those with significant financial need. “Congress should no longer prop this fraudulent industry up with taxpayer funds…that are supposed to help the lowest income students.”