A Reckoning with Private Loan Cancellation: Jorge Villalba’s Quest for Full Loan Cancellation | Blog
Jorge Villalba was one of tens of thousands of students scammed by ITT and was left with a worthless degree and insurmountable debt in the form of both federal and private student loans. Now, after getting his federal loans discharged, he’s fighting to get his private loans cancelled too.
Update | CFPB and States Settlement with Private Loan Lender to Cancel Millions of Dollars in Student Loan Debt
As Betsy DeVos and the Department of Education issue blanket denials on borrower defense applications to former ITT students, the CFPB and a group of 44 states and the District of Columbia filed proposed settlements with one of ITT’s private lenders, known as PEAKS.
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.
Overturning the 2019 Borrower Defense Rule and What It Means for Borrowers | Blog
A rare bipartisan vote gives President Trump a chance to act in the interest of student borrowers.
The Latest Reports on Betsy DeVos Scamming For-Profit College Students | Blog
ITT and Corinthian Borrowers Continue to Fight for Relief as the Department of Education Skirts the Law Every Step of the Way
Update | ITT Trustee, CFPB, and States Settle with Private Lender to Eliminate Millions in Debt
Settlements Do More for Cheated ITT Students Than DeVos As Betsy DeVos and the Department of Education continue to sit idly, indifferent to massive fraud committed by ITT against more than 750,000 former students, the CFPB and a group of 44 states and the District of Columbia filed proposed settlements with one of ITT’s private…
Update | ITT Bankruptcy Settlement Does More for Cheated Students Than DeVos
When the final order of the ITT bankruptcy settlement became effective this month, the court approved cancellation of every dollar of student debt held by the for-profit college and allowed the students’ $1.5 billion claim as unsecured creditors.
What Really Happened at ITT: Jorge Villalba in His Own Words | Blog
This month we interviewed Jorge Villalba, a former ITT Tech student and named plaintiff in the Project’s ITT case. After being cheated by ITT and struggling with massive debt from the school for years, Jorge finally had his loans discharged.
Update | ITT Students’ $1.5 Billion Bankruptcy Settlement Approved by Judge
On Wednesday, November 28, the judge in the ITT bankruptcy case gave final approval to the settlement between the student class and the estate of ITT. The settlement is a big victory for former ITT students who were defrauded by the school and provides important relief.
Update | ITT Students’ $1.5 Billion Settlement Heard by Judge In Bankruptcy
Today, former ITT students proposed a $1.5 billion settlement claim in bankruptcy court that would cancel more than $500 million in debts. All participants in the case and members of the class have until April 24 to submit their views of the settlement with the court before it is heard for final approval on June 13. This is good news for former ITT students, but there is still a long way to go.