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 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.
What the Latest Student Debt Announcement from The Department of Education Means for Defrauded Borrowers | Blog
On March 18, 2021, the Department announced full debt cancellation for borrowers with partial relief decisions on their borrower defense applications. More than 90% of borrower defense applicants are not affected by the Education Department’s partial relief announcement because their applications were denied or because they are still waiting for a decision. Here’s what that means.
2020: The Year Students Were Heard | Blog
2020 has been a year like no other. Despite the pandemic, we’re closing out the year with significant wins for defrauded student borrowers and optimism for our clients under a new Biden-Harris administration. Here’s a recap of our progress over the last year, as we look forward to 2021. Student borrowers spoke out and…
Update | Department of Education Stops Borrower Defense Denials; Reinstates Forbearance
The Department of Education has decided to stop issuing blanket denials of borrower defense to repayment applications, according to a recent filing in Sweet v. DeVos. It also said it was putting all borrowers who received blanket denials back into administrative forbearance. The court recently denied the settlement agreement and ordered the Department of Education…
Update | Student Borrowers Speak Out in Unprecedented 500-Person Court Hearing on Borrower Defense
During a time when people have been more isolated than ever, student borrowers came together from across the country, gathering on Zoom for a remote hearing. They were there to share their views with the court about the proposed settlement in the borrower defense class action lawsuit, Sweet v. DeVos, in which the Department of Education agreed to decide on the more than 100,000 pending borrower defense applications within 18 months.
Update | Borrowers Raise Concern over Borrower Defense Denials
On August 31, 2020, the court overseeing the Sweet v. DeVos class action held a hearing on the Department of Education’s recent wave of borrower defense denials. The borrowers who brought the case had requested a hearing the week before. At the hearing, the borrowers shared their concerns with the judge that the Department of…
Six Months into 2020: Wins for Students and Fighting for Justice | Blog
Six months into 2020 and the Project on Predatory Student Lending has won a major lawsuit against the Department of Education in Vara v DeVos, and agreed to a proposed settlement in Sweet v DeVos. They’ve also continued to fight for justice in across other new pieces litigation this year.