New York Times
The $1.7 Billion Student Loan Deal That Was Too Good to Be True | New York Times
DeVry, ITT Tech students among thousands of defrauded borrowers to receive $415 million in loan cancellation | Washington Post
Project on Predatory Student Lending
New Report Details Massive Scale of Fraud and Abuse at Notorious For-Profit College ITT Tech | Press Release
Myrna Figueroa’s NegReg Comments | Blog
The following is a transcript from the Department of Education’s Negotiated Rulemaking session on January 18, 2022. During the public comment period, students are encouraged to share their comments on their experiences. Here is Myrna’s story.
Student Loan Truth: For-Profit Borrowers Keep the Pressure on During NegReg | Blog
As the Department of Education Negotiated Rulemaking committee kicked off a second session, student borrowers continued to show up and demand accountability on borrower defense. This time, a common theme emerged: even for those who were finally promised relief by the Biden administration months ago, confusion and delay remain the status quo when it comes to borrower defense.
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.
How Long Would You Wait to Get Your Life Back? An ITT Student Loan Truth | Blog
Predatory for-profit colleges like ITT have defrauded students for years, targeting low-income families and intentionally making the enrollment process fast-paced and confusing because their goal is to make as much money as they can with as little return as they can offer. Students are then left with thousands of dollars in debt and worthless degrees.
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 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.
Student Loan Truth: Ollie’s New England Institute of Art Story | Blog
The New England Institute of Art promised Ollie Venezia flexible class schedules, 1-on-1 support, quality internship placements, and post-graduation career help. What they got was something else entirely. What they got was almost $200,000 of student loan debt – and an invoice instead of a diploma on graduation day. This is Ollie’s story.
Student Loan Truth: Blake’s Art Institute Story | Blog
After personal loss made him take another look at his life, Blake Baron decided to invest in his future and pursue a degree in graphic design at the Art Institute. But he quickly realized that the time he invested in the program and the money he was spending wasn’t worth the terrible education he was getting. Even after leaving the school without a degree, he still owes over $30,000 in federal loans.
“We’re Not Taking This Lying Down” Jen’s Student Loan Truth | Blog
As a first generation Latina and the first in her family to go to college, Jennifer Lezan thought she was working toward a better future when she attended the Art Institute in Chicago in 2006. She never imagined that nearly 15 years later, she’d be fighting back against a massive student debt burden after attending the notorious predatory for-profit school.
My Student Loan Truth: Nicole’s Art Institute Story | Blog
Nicole Edgar Sereno had always been interested in an art career. So when a recruiter from the Art Institute came to her high school, she jumped at the chance to pursue a career in animation. It wasn’t until she started looking for jobs after graduating that she realized they had been lying to her all along.