Borrowers Face Hazy Path as Program to Forgive Student Loans Stalls Under Betsy DeVos | New York Times
The students attended institutions with pragmatic names like the Minnesota School of Business and others whose branding evoked ivy-draped buildings and leafy quads, like Corinthian Colleges. Tens of thousands of them say they are alike in one respect: They were victims of fraud, left with useless degrees and crushing debts.
What Defrauded Student Loan Borrowers Need to Know | U.S. News & World Report
Defrauded student loan borrowers will see some relief, thanks to an Obama-era rule a federal judge ordered immediately implemented Tuesday. The 2016 borrower defense rule outlines a way for student borrowers to apply for loan forgiveness if they were defrauded or misled by their college.
Betsy DeVos Loses Major Battle Over Obama’s Student Loan Protections | Salon
Donald Trump’s education secretary, Betsy DeVos, just lost a major court battle over consumer protections for Americans who take out student loans. U.S. District Judge Randolph Moss decided against the request from a group representing for-profit colleges to end regulations that help defrauded students receive federal loan forgiveness and forbid colleges from requiring students to go to arbitration to resolve complaints instead of taking matters to court, according to Politico.
Student Vets Win Too as Court Unchains Obama Loan Protection | Stars and Stripes
Hundreds, perhaps thousands, of student veterans, despite having robust GI Bill education benefits, contend they were deceived into racking up federal loan debt through abusive practices of certain for-profit colleges. On Tuesday these students, along with thousands of non-veterans, gained an easier path to loan forgiveness from a federal court ruling in Washington, D.C.
Borrowers Win vs. Predators | Boston Herald
Student borrowers prevailed yesterday when a judge refused a request from Betsy DeVos and the Department of Education to block the borrower defense rule, which aims to protect borrowers from predatory colleges and universities.
Defrauded by a For-Profit College? A New Court Ruling May Help you Cancel Out Your Loan Debt | Market Place
At least one class of borrowers carrying the ever-growing burden of student debt could possibly find some relief coming by way of a court ruling made earlier this week. The ruling was tied to the fates of institutions like the for-profit ITT Tech, which went bankrupt in 2016 amid allegations of deceptive practices, leaving tens of thousands of students stranded with federal loans. They could get those discharged, but they first needed to know the option was available and then how to apply for it, said attorney Julie Murray.
Judge Orders Betsy DeVos To Begin Student Loan Forgiveness | Forbes
A federal judge ordered Tuesday that the U.S. Department of Education, led by Betsy DeVos, must implement immediately an Obama-era student loan forgiveness rule. Attorneys general from 19 states, plus the District of Columbia, sued U.S. Secretary of Education Betsy DeVos and the U.S. Department of Education for delaying a borrower protection rule that was scheduled to take effect beginning July 1.
Defrauded Students Win Class Certification in Lawsuit Against DeVos | Courthouse News Service
More than 100,000 students defrauded by Corinthian Colleges can team up to sue Education Secretary Betsy DeVos for rolling back Obama-era rules that provided full debt forgiveness, a federal judge ruled Monday.
Students Defrauded by Colleges Score Win in Court Decision | Associated Press
Students defrauded by for-profit colleges scored an important victory on Tuesday, when a court cleared the way for an Obama-era policy that will make it easier for them to get their student loans forgiven.
Tens of Thousands of Defrauded Students Could Now Have Their Loans Cancelled | CNBC
A judge ruled on Tuesday that an Obama-era set of consumer protections for defrauded students will go into effect immediately, after repeated attempts by the Trump administration and the for-profit college sector to delay the regulation.