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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

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.

Judge Critical of Biden Administration’s Progress on Student Debt Relief Claims | Washington Post

A federal judge is criticizing the Biden administration for not moving quickly enough to resolve claims from defrauded student loan borrowers who sued over Trump-era policies that denied them debt relief. Education Secretary Miguel Cardona has been chipping away at the mountain of debt relief claims, approving $1.5 billion in discharges for 92,000 borrowers to date. But scores of applications remain.

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A First Move on Borrower Defense | Inside Higher Ed

The Education Department announced yesterday that students who were cheated by for-profit institutions and previously granted partial relief on their direct federal loans will now be granted full relief. The department is rolling back a controversial formula — established under the previous secretary, Betsy DeVos — that gave some borrowers only partial debt forgiveness, even if it was found that they were defrauded or misled by their college.

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Updated Complaint: Education Department Officials Secretly Rigged Process to Deny Borrower Defense Applications for Debt Relief | Press Release

New evidence unveiled in lawsuit Sweet v. Cardona shows a sham process set up to deny defrauded borrowers debt relief regardless of the merits of their application.

Education Department Announces Plan it Claims Will Help Scammed Students Discharge School Debt | ABA Journal

A 2019 U.S. Department of Education policy on student debt discharge, which raised the burden of proof for applicants claiming that they were misled by their schools and put in place a plan that only granted partial relief for some, was rescinded Thursday.

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Is $10,000 In Student Loan Forgiveness Next, After Biden Administration Cancels $1 Billion? | Forbes

Yesterday, Education Secretary Miguel Cardona announced a policy shift that will result in $1 billion in student loan forgiveness. But what does that mean for the ongoing efforts by progressive lawmakers and consumer rights activists to convince President Biden to cancel student debt?

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Students Who Got Partial Loan Relief To See Full Discharge | Associated Press

Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully canceled, the Biden administration announced Thursday, reversing a Trump administration policy.

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Education Department Scraps a Trump-Era Policy That Limited Debt Relief for Defrauded Students. | New York Times

Tens of thousands of borrowers who attended for-profit schools like Corinthian Colleges and ITT Technical Institute that defrauded students will have their student loan debts eliminated after the Education Department rescinded some changes made during the Trump administration that gutted a relief program.

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Biden Administration To Cancel $1 Billion In Student-Loan Debt Held By Scammed Borrowers | MarketWatch

Borrowers who were scammed by their schools but who only received partial relief from their student-loan debt under the Betsy DeVos-era Department of Education will have their loans fully discharged — a move that will result in an estimated $1 billion in debt relief, the DOE announced Thursday.

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Education Department Throws Out Trump-Era Rule For Defrauded Students | Yahoo Finance

The Education Department (ED) has thrown out a Trump-era rule that limited debt relief for 72,000 borrowers who had graduated from fraudulent for-profit colleges. “We conducted a review of the partial relief methodology that was in place and determined that it was not granting appropriate levels of relief to borrowers given the degree of harm they witnessed,” a senior department official stated on a call with reporters. “The feeling was that [the methodology] didn’t quite go far enough.”

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