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Lawsuit Against Student Loan Giant Navient Will Test Limits of Private Debt Discharge | Yahoo Finance

A former student at the now-defunct ITT Technical Institute and his mother are suing student loan giant Navient (NAVI) over the company’s refusal to cancel his private student loans despite the U.S. government erasing thousands of federal student loans related to the notorious for-profit school. The case could set a precedent for defrauded borrowers seeking relief from privately-held loans (as opposed to federally-backed loans).

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Scammed Student Sues Navient, Asking for Cancellation of Debt he Took on to Attend For-Profit College | MarketWatch

For roughly a decade, Jorge Villalba has been contending with student debt that he believes — and the government has confirmed — he was illegally misled into borrowing. Villalba, 39, attended ITT Technical Institutes, a major for-profit college chain, from 2006 to 2010. Just six years after he graduated, ITT filed for bankruptcy, amid allegations the school used misleading job placement and graduation rates to convince students to sign up for classes and take on the loans that would pay for them.

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Former ITT Student Sues Navient For Student Loan Forgiveness | Forbes

Today, a new lawsuit was filed against Navient, the student loan servicer formerly known as Sallie Mae. The suit was filed by the Project on Predatory Student Lending at Harvard Law School on behalf of Jorge and Alicia Villalba.

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Trump Administration’s Handling of Stalled Student Debt Relief Claims Threatens Proposed Settlement | Washington Post

A proposed court settlement between the Trump administration and defrauded borrowers is in jeopardy after the administration revealed its widespread denials of requests for student debt cancellation. Ninety-four percent of the debt relief claims the Education Department has processed since reaching the agreement in April have been rejected, the department said in a court filing last week. The federal agency issued 78,400 decisions, of which 4,400 were approved and the remainder denied.

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DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post

A federal judge is weighing higher fines for the Education Department after the federal agency disclosed that it pursued scores of additional borrowers for debt collection — violating a court order.

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Corinthian Colleges Students Want Education Dept. to Face Additional Sanctions for Violating a Court Order | Washington Post

Former Corinthian Colleges students are asking a federal judge to impose higher fines against the Education Department after the agency disclosed it pursued scores of additional borrowers for debt collection in violation of a court order.

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Betsy DeVos: Income to Decide Education Loan Fraud Forgiveness | Ask the Truth

Overburdened by education loan is a common narrative associated with almost every other student in the US, but what seems tough, is about to get tougher. As per the new plan unveiled by the US Education Department, students who are cheated by their colleges will receive full loan forgiveness, only if they end up earning far less than their peers.

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Betsy DeVos Forced Students Defrauded by For-Profit Colleges to Repay Loans | Truthout

Education Secretary Betsy DeVos overruled career staff at the department’s Borrower Defense Unit, deciding to force student borrowers to partially pay back their loans even though they had been defrauded by for-profit colleges, according to documents obtained by NPR.

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Betsy DeVos Ignored her Own Staff, Forced Students Defrauded by For-Profit Colleges to Pay | Salon

Education Secretary Betsy DeVos overruled career staff at the department’s Borrower Defense Unit, deciding to force student borrowers to partially pay back their loans even though they had been defrauded by for-profit colleges, according to documents obtained by NPR.

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Why Defrauded Students Still Can’t Get Debt Relief | The Takeaway

Tens of thousands of students across the country have been defrauded by for-profit colleges. On Wednesday, NPR reported on internal documents that show how career staffers at the Department of Education believed that students in these situations should have their debts forgiven, but that Education Secretary Betsy DeVos overruled them.

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