Lawsuit: Department of Education is Making it ‘Nearly Impossible’ for Defrauded Students to Cancel Their Student Loans | Market Watch
A lawsuit filed Wednesday alleges that new Department of Education rules, set to take effect in July, will make it more difficult for scammed students to write off their student loans.
Education Secretary Betsy DeVos Faces Another Lawsuit for Overturning an Obama-Era Rule | Yahoo Finance
A group of consumer advocates filed a lawsuit against the Department of Education (ED) for revising an Obama-era rule that was designed to protect students who were defrauded by predatory schools.
Education Advocacy Group Sues DeVos Over Student Loan Protection Rule | Law.com
A New York public interest group on Wednesday sued U.S. Education Secretary Betsy DeVos in Manhattan federal court over a new rule that rolls back Obama-era protections for students who claim they were defrauded by colleges or universities. The lawsuit, filed by the Project on Predatory Student Lending and Public Citizen Litigation Group on behalf of the New York Legal Assistance Group, aims to invalidate borrower defense regulations that would impose new requirements and procedural hurdles for students looking to cancel fraudulent loan obligations.
The New York Legal Assistance Group Plans to File a Lawsuit Blocking DeVos’ “Borrower Defense” Rule | Politico’s Morning Education
The group, which provides free legal help to low-income individuals, expects to file the lawsuit this morning in federal court in the Southern District of New York. NYLAG is represented by Harvard Law School’s Project on Predatory Student Lending and Public Citizen Litigation Group, both of which successfully challenged DeVos’ efforts to delay the Obama-era “borrower defense” policy, forcing the 2016 rule to take effect.
Student Advocates Again Challenge DeVos in Court For Trashing Obama-Era Rules | Republic Report
Trump education secretary Betsy DeVos has trashed two key rules that the Department of Education, during the Obama administration, painstakingly developed to discourage for-profit colleges from deceiving and abusing their own students. With a new lawsuit filed today, advocates for students are now in court fighting to cancel both of the DeVos anti-rules and keep the previous Department regulations in place.
Why People with Student Debt are Refusing to Repay It | CNBC
Sandy Nurse doesn’t see why she needs to be $120,000 in debt “just for trying to improve my understanding of the world.” And so, after a decade of struggling to repay her student loans, she plans to stop trying. She hopes others will join her, too, in a national strike against the country’s outstanding student loan debt, which is marching toward $1.7 trillion.
Toby Merrill and Eileen Connor | Boston Globe
Long before the Democratic candidates for president were warning about our national student debt crisis, Toby Merrill and Eileen Connor were doing something about it. They worked separately at first, and then together at Harvard Law School’s Project on Predatory Student Lending.
Muddied Picture for Defrauded Borrowers | Inside Higher Ed
Democrats in the U.S. House of Representatives were able to pass a measure last week expressing opposition to Education Secretary Betsy DeVos’s borrower-defense rule. But because of politics and both ongoing and upcoming legal battles, the vote did little to clear up what will happen to students who are asking for their loans to be discharged because they were defrauded by colleges.
House votes to make it easier for scammed borrowers to cancel student loans | MarketWatch
Federal lawmakers voted Thursday to block Education Department rules that would make it harder for scammed students to wipe away loans from shuttered schools. The Democrat-controlled U.S. House of Representatives passed a measure that would halt rules slated for implementation in July and reinstate Obama administration-era regulations on how to deal with the debt loads of students with useless degrees.
Former Students of Defunct ITT Tech Receive $95.1 Million Loan Relief | Wall Street Journal
WASHINGTON—The Education Department is providing loan relief to some 7,800 former students of the ITT Technical Institute, with debts totaling $95.1 million being forgiven by the government years after the giant for-profit school chain closed. The department said that it has identified 7,878 former students of ITT Tech as eligible for a program in which loans are discharged automatically within three years of a school closure. Of those borrowers who attended the school, 7,697 had received loan forgiveness as of Jan. 3.