Project on Predatory Student Lending
ITT Student Files New Lawsuit Against Navient for Private Student Debt Cancellation | Press Release
“Attacking the Concept of Debt” | Harvard Magazine
Update | Borrowers Raise Concern over Borrower Defense Denials
For-Profit Schools Target The Black Community. Here’s How You Can Avoid The Scam | BET
This article takes a deeper dive into for-profit schools and the students who have been scammed into pursuing quick-and-easy higher education. Let’s all take a minute to look at why this problem hits the Black community the hardest.
All the Ways Student Debt Exacerbates Racial Inequality — ‘It’s Like Landing in Quick Sand’ | MarketWatch
Student debt is often thought of as a generational issue, plaguing 20- and 30-somethings as they make their way into adulthood. And while it’s true that young adults are coping with levels of student debt rarely experienced by their parents and even older siblings, perhaps one of the biggest factors defining a borrower’s student loan experience is their race.
Update | Judge Declares Department of Education’s Seizure of Corinthian Colleges Borrowers’ Tax Refunds Illegal
A federal judge ruled this week that the Department of Education illegally took the tax refunds of two former Corinthian College students to pay their student loans, without addressing the assertion that these loans are fraudulent and unenforceable. Now, the Department may not take their tax refunds unless and until it makes a reasoned decision…
Judge Declares Department of Education’s Seizure of Corinthian Colleges Borrowers’ Tax Refunds Illegal | Press Release
A federal judge ruled that the Department of Education illegally took the tax refunds of two former Corinthian College students to pay their student loans, without addressing the assertion that these loans are fraudulent and unenforceable. Now, the Department may not take their tax refunds unless and until it makes a reasoned decision about the assertions of fraud.
For-Profit Schools’ Predatory Practices and Students of Color: A Mission to Enroll Rather than Educate | Harvard Law Review
In a move with significant implications for federal civil rights enforcement, the Department of Education has halted investigations into several large for-profit institutions widely accused of defrauding students. This decision sends an even clearer message that the Department of Education stands on the side of corrupt corporations rather than with students.
Betsy DeVos Doesn’t Give a Damn About Students, Education or the Cost Thereof | The Root
Can we stop telling the lie that Betsy DeVos has the best interest of this nation’s students at heart? The U.S. Department of Education has devolved into yet another classist system of oppression set up to hold down people of color and low-income families. This latest move by DeVos is proof of that.
Update | When Student Debt is Not Only Predatory, But Racist
Predatory colleges exploit the promise of higher education by targeting African Americans and people of color with lies and deceptive marketing tactics. An ad used to run on daytime TV: a young woman of color is talking about how she “has a young child” and needs to “hold down the household.” But this didn’t stop…
The ‘Morally Suspect’ Way the Government Collects Student Loans | MarketWatch
Three to four nights per week Denise Miner leaves the apartment she shares with her three adult children and one grandchild and spends an hour commuting to Long Island to cook, clean and perform other tasks for members of someone else’s family.
Feds Found Widespread Fraud at Corinthian Colleges. Why are Students Still Paying the Price? | The Washington Post
Nearly 80,000 students of defunct for-profit giant Corinthian Colleges are facing some form of debt collection, even though the U.S. Department of Education unearthed enough evidence of fraud to forgive their student loans, according to an investigation by the staff of Sen. Elizabeth Warren (D-Mass.).
The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg
The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.