Betsy DeVos Ordered to Testify in Student Borrower Class Action | Courthouse News Service
Rejecting arguments that making a cabinet official testify threatens the separation of powers, a federal judge this week ordered former Education Secretary Betsy DeVos to answer questions about long delays and mass denials of student debt relief claims.
90% of Borrowers Who Claim They Were Scammed By Their Schools Were Denied Relief | MarketWatch
Students who attended colleges that have misled them have the right under the law to have their federal student loans discharged, but over the past few years, accessing that relief has been nearly impossible, despite evidence of malfeasance by their schools, new documents suggest. More than 200 borrowers who attended a school where an admissions representative pled guilty to making a false statement in an application for federal student aid had their applications for relief denied by the Department of Education, according to the documents.
A DeVos System Allowed 12 Minutes to Decide Student Loan Forgiveness | New York Times
Former Education Secretary Betsy DeVos made no secret of her disdain for a program intended to forgive the federal student loans of borrowers who were ripped off by schools that defrauded their students. She called it a “free money” giveaway, let hundreds of thousands of claims languish for years, and slashed the amount of relief granted to some successful applicants to $0.
Students: DeVos’s Dept. Of Education Deliberately Thwarted Student Loan Forgiveness Program | Forbes
In new court documents filed today, student loan borrowers in an ongoing class action lawsuit against the U.S. Department of Education accused officials acting under former Secretary Betsy DeVos of coordinating deliberate efforts to thwart a key student loan forgiveness program.
Students Who Got Partial Loan Relief To See Full Discharge | Associated Press
Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully canceled, the Biden administration announced Thursday, reversing a Trump administration policy.
Education Department Scraps a Trump-Era Policy That Limited Debt Relief for Defrauded Students. | New York Times
Tens of thousands of borrowers who attended for-profit schools like Corinthian Colleges and ITT Technical Institute that defrauded students will have their student loan debts eliminated after the Education Department rescinded some changes made during the Trump administration that gutted a relief program.
Biden Administration To Cancel $1 Billion In Student-Loan Debt Held By Scammed Borrowers | MarketWatch
Borrowers who were scammed by their schools but who only received partial relief from their student-loan debt under the Betsy DeVos-era Department of Education will have their loans fully discharged — a move that will result in an estimated $1 billion in debt relief, the DOE announced Thursday.
Education Department Throws Out Trump-Era Rule For Defrauded Students | Yahoo Finance
The Education Department (ED) has thrown out a Trump-era rule that limited debt relief for 72,000 borrowers who had graduated from fraudulent for-profit colleges. “We conducted a review of the partial relief methodology that was in place and determined that it was not granting appropriate levels of relief to borrowers given the degree of harm they witnessed,” a senior department official stated on a call with reporters. “The feeling was that [the methodology] didn’t quite go far enough.”
Education Department Scraps DeVos Loan Relief Standard (1) | Bloomberg Government
The Biden administration will scrap standards issued by former Education Secretary Betsy DeVos that granted only partial loan forgiveness to defrauded student borrowers. The announcement from Secretary Miguel Cardona is the first step in the Education Department’s wider overhaul of relief policies for borrowers whose schools engaged in fraud or misconduct.
Cardona Scraps DeVos Policy, Will Fully Cancel Debt of Many Students Defrauded by Colleges | Washington Post
About 72,000 people will have their federal loans fully canceled after Education Secretary Miguel Cardona on Thursday scrapped a plan to give partial debt relief to students defrauded by their colleges, ending a controversial policy instituted by his predecessor Betsy DeVos.