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New York Times

The $1.7 Billion Student Loan Deal That Was Too Good to Be True | New York Times

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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 Student Loan Discharge for Borrowers Cheated by Marinello Schools of Beauty | Press Release

Education Secretary Miguel Cardona announced that 28,000 borrowers who attended Marinello Schools of Beauty will receive loan discharges totaling approximately $238 million, as part of a group borrower defense discharge.

The Biden Administration’s DOJ Continues to Shield DeVos in Borrower Defense Proceeding | Press Release

Student borrowers in the lawsuit Sweet v. Cardona (formerly Sweet v. DeVos) on Monday filed a response to a court request asking whether the issue of deposing former Education Secretary Betsy DeVos should be reheard “en banc” in the Ninth Circuit Court of Appeals. If granted, a panel of judges in the Ninth Circuit would reconsider whether Plaintiffs will be allowed to depose former Secretary DeVos about her knowledge surrounding the Department of Education’s long-delayed borrower defense process.

When colleges defraud students, should the government go after school executives? | NPR

In a shocking investigation, the U.S. Senate declared the federal student loan program “plagued by fraud and abuse.” Its report heaped scorn on for-profit trade schools for serving 22% of federal student loan borrowers but accounting for 44% of defaults. “The school keeps the student aid money … and the student is left holding the bag with a poor credit rating, no job and no income to repay the student loan,” U.S. Rep. Marge Roukema, R-N.J., declaimed in her crusade against for-profit “bad apples.”

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Report On Fraud Committed By ITT Technical Institute Highlights Need To Protect Student Loan Borrowers With Stronger Regulation Of For-Profit Colleges | Forbes

Last week the Project on Predatory Lending released an extensive report detailing abuses by the now-closed ITT Technical Institute (ITT Tech). The report details how ITT Tech systematically defrauded millions of students over decades, abused the federal financial aid system and left students weighed down with student loan debt and worthless credentials.

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How the Arbitrary Borrower Defense Process Failed These Student Borrowers | Blog

It’s no secret that the Department of Education has repeatedly let defrauded student borrowers down. Part of the problem is the arbitrary borrower defense process the Department of Education has used to determine who gets relief and who doesn’t. Take Jen and Debi – two borrowers with almost identical stories who both applied for borrower defense, but only one got her loans cancelled.

Student Borrowers File New Brief in Lawsuit Regarding Borrower Defense Delays and Backlog | Press Release

Today, student borrowers submitted a new filing in the lawsuit Sweet v. Cardona regarding the U.S. Education Department’s ongoing delays in processing borrower defense claims. The filing follows Judge William Alsup’s request for a status update as to what is taking so long to resolve the claims. Several borrowers have written directly to Judge Alsup in recent months seeking answers.

The $1.7 Billion Student Loan Deal That Was Too Good to Be True | New York Times

The settlement was portrayed as a win-win for 39 states and the loan giant Navient. But thousands who received predatory loans will still have to pay.

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DeVry, ITT Tech students among thousands of defrauded borrowers to receive $415 million in loan cancellation | Washington Post

The Education Department said Wednesday that it will cancel the federal student loans of nearly 16,000 people defrauded by DeVry University, ITT Technical Institute and Minnesota School of Business/Globe University.

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Education Department cancels $415 million in student debt for victims of for-profit college fraud | CNN Politics

The Education Department announced Wednesday that it has canceled another $415 million in federal student loan debt owed by nearly 16,000 borrowers who were misled by for-profit colleges.

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Department of Education to cancel $415 million in student loan debt | MarketWatch

Roughly 16,000 borrowers who were scammed by their schools will have their federal student loans discharged, resulting in $415 million in relief, the Department of Education announced Wednesday. The borrowers receiving relief attended four for-profit colleges that the agency found misled students in the process of luring them into enrolling and taking on debt to pay for school.

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