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Student Loan Truth: For Former Corinthian Students, a Never-Ending Road to Justice | Blog

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Project on Predatory Student Lending

Student Borrowers and Advocates Declare September as Borrower Defense Action Month | Press Release

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Washington Post

Biden Administration Drops Appeal of Legal Decision Granting former Corinthian Colleges Students Debt Relief | Washington Post

Student Loan Truth: The Real Heroes of NegReg

On October 4-8, the Department of Education held their second Negotiation Rulemaking, or NegReg, session of the year. This year, the broken borrower defense process is one of the top areas of discussion, and the Department of Education refused to include the very students who experience this process firsthand.

ADVISORY: Hearing Scheduled for Wednesday on Deposition of Former Education Secretary Betsy DeVos

Student borrowers on Wednesday will argue in a federal appeals court hearing that a subpoena to depose former Education Secretary Betsy DeVos in the class action lawsuit Sweet v. Cardona (formerly Sweet v. DeVos) must proceed.

Statement on Extended Closed School Discharges for ITT Borrowers | Press Release

Today, the U.S. Department of Education announced that it will make $1.1 billion in closed school discharges available to an additional 115,000 borrowers who attended the now-defunct ITT Technical Institute (ITT). According to the Department, this segment of borrowers includes those who did not complete their degree or credential and left ITT on or after March 31, 2008. 

Can Biden Cancel Student Debt? It Depends Who You Ask | Inside Higher Ed

Four months ago, it was announced that President Biden had directed the Department of Education and the Department of Justice to examine his legal authority to unilaterally cancel student loan debt. Though the results of the inquiry haven’t yet been released publicly, other legal experts have already tackled the question — with fundamental disagreement between them on the limits of the president’s power.

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Biden Administration Drops Appeal of Legal Decision Granting former Corinthian Colleges Students Debt Relief | Washington Post

A group of 7,200 former students of the defunct for-profit chain Corinthian Colleges will have their federal student loans canceled after the Education Department agreed Thursday to drop its appeal of a court order to clear their debts. The decision arrives more than a year after a federal judge ruled that the students in Massachusetts were entitled to a full discharge of their loans under a statute known as borrower defense to repayment. The Trump administration fought the order and brought the case to a standstill, but borrowers were hopeful the Biden administration would concede.

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“We are calling on the Department to do what is right when it sees evidence of widespread fraud” – Statement on Approval Of Additional Student Borrower Defense Claims

Department of Education announced that it will approve borrower defense applications for a select 1,800 student borrowers who attended the predatory for-profit colleges of Westwood, Marinello, and the Court Reporting Institute. It will cancel all outstanding loan balances for these individuals, wiping out approximately $55.5 million in predatory student loan debt.

FAQ: What We Know About ED’s Recent ITT Announcement

Recently, the Department of Education announced that it will approve a small portion of borrower defense applications for former ITT students, with 18,000 borrowers to receive a 100% discharge of their ITT debt. While this is great news for those select borrowers, there are still a lot of questions around what this means for the more than 700,000 former ITT students who were scammed by the school.

Student Loan Truth: For-Profit Colleges Aren’t Just Out to Scam Students. They’re Scamming Their Parents, Too. | Blog

It’s no surprise that being ripped off by a for-profit college impacts more than just the student who attends. A student borrower’s unpayable debts affect their whole family. And there’s a way that parents can bear the debt burden personally: Parent PLUS loans.

Student Loan Borrowers Perplexed by Biden Administration’s Continued Defense of Trump-Era Lawsuits | Washington Post

Amanda Kulka expected her six-year fight for student loan cancellation would be over by now. Powerful allies, including a state attorney general and a federal judge, agreed that she and other students in Massachusetts had been defrauded by the defunct for-profit chain Corinthian Colleges. The courts even granted all 7,200 of them a full discharge of their debt in June, rebuking former education secretary Betsy DeVos’s attempt to block their request for relief.

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Student Loan Truth: Eynelys’ DeVry University Story | Blog

DeVry misled Eynelys about their financial aid plan and job placement services, leading her to drop out of her program. In 2016, the Federal Trade Commission sued DeVry for making deceptive claims related to graduate job placement rates and compensation. Eynelys filed a borrower defense application four years ago, seeking relief from her student loan debt, and still has not received a decision from the Department of Education.