Congress Fails To Override Trump’s Veto on Secretary DeVos’ Devastating New Borrower Defense Rule | Press Release
U.S. House of Representatives failed to override President Trump’s veto of bipartisan legislation that would overturn the devasting DeVos borrower defense rule. The rule eliminates vital protections for student borrowers and imposes nearly impossible standards for students defrauded by predatory schools to assert their rights to loan cancellation.
Judge Orders Secretary DeVos to Completely Cancel Student Loans of all 7,200 Defrauded Corinthian Colleges Students in MA | Press Release
Federal judge orders the Deptartment of Education to cancel the student loans of all 7,200 former Corinthian Colleges students in Massachusetts.
Students Challenge Education Department’s Latest Scheme to Deny Student-Loan Relief | Press Release
A Trump administration rule that denies loan relief to many students cheated by their schools is deeply flawed and should be overturned, Public Citizen and the Project on Predatory Student Lending told a court today. The groups represent student borrowers in a lawsuit challenging the U.S. Department of Education’s new “partial relief” rule.
Statement on Legislative Plan to Cancel Fraudulent Corinthian and ITT Student Debt | Press Releases
Senators Durbin, Brown, and Warren, and Congressmembers Takano and Jayapal introduced a legislative plan to completely cancel the loans of borrowers who have long been deemed eligible for borrower defense discharge.
Florida For-Profit Colleges Sued for Selling Predatory Product and Targeting Black Students | Press Release
A class action was filed against Florida-based for-profit college chain, Florida Career College (FCC), for selling a predatory product using false representations and high-pressure sales tactics that leave students in mountains of debt they cannot repay and systematically targeting Black students.
“COVID College Cons” Series Exposes Predatory For-Profit Colleges Targeting Students During COVID-19 Crisis | Press Release
A new series of articles called “COVID College Cons” launched by Republic Report and the Project on Predatory Student Lending to expose the predatory tactics that for-profit colleges are using right now to scam students in the midst of an economic and public health crisis. The purpose of this series is to warn the public about the schemes and help protect them from fraud.
CARES Act Handout to For-Profit Colleges is a Slap in the Face to Students | Press Release
Congress’s CARES Act has provided over a billion of dollars in handouts to for-profit colleges, Department of Education data show. The top six companies got more than $115 million dollars combined.
Student Borrower Class Forces Department of Education to Process All Pending Borrower Defense Claims | Press Release
Education Secretary Betsy DeVos and the United States Department of Education promise to process the borrower defense claims of nearly 170,000 student borrowers, many of which have been pending for more than four years. This long-awaited processing would come as the result of a settlement proposed in the class action lawsuit Sweet v. DeVos.
Predatory Schools Keep Trying to Rip Off Students Amid Economic Meltdown, Pandemic | Press Release
A group of for-profit colleges appealed a federal court decision upholding a Dept. of Education rule from 2016 intended to stop schools from forcing defrauded students into secretive, out-of-court arbitrations. Lawyers from Public Citizen and the Project representing for-profit college students in the case are condemning the move.
Statement on the COVID-19 Economic Stimulus Package and Student Loan Relief | Press Release
The Senate COVID-19 stimulus bill includes measures intended to ease the burden of student loan debt for borrowers who are suffering during this economic crisis, but doesn’t go far enough, and will fail to help many former for-profit college students struggling with bogus debt.