Student Who Took on ‘Crushing’ Debt Angry After Betsy DeVos Scales Back Investigations of For-Profit Colleges | Time
Yvette Colon took out more than $35,000 in student loans and spent two years at a for-profit college to get a certificate that she says is worthless. Now, she fears even more students could fall into a similar trap after Education Secretary Betsy DeVos reportedly crippled the office charged with investigating the company behind Colon’s now-defunct college, Career Education Corporation, and several other for-profit institutions.
For-Profit Colleges Struggle Despite Assist From DeVos | The Chicago Tribune
The for-profit college industry is struggling under the weight of declining enrollment, stiff competition from traditional universities and an image battered by past misdeeds, even as the Trump administration tries to offer a helping hand.
The ‘Morally Suspect’ Way the Government Collects Student Loans | MarketWatch
Three to four nights per week Denise Miner leaves the apartment she shares with her three adult children and one grandchild and spends an hour commuting to Long Island to cook, clean and perform other tasks for members of someone else’s family.
Students Defrauded by For-Profit School Sue US Department of Education | Huffington Post
Tina Carr and Yvette Colon had the same goal. They wanted to build careers in the medical field, make a good living and enjoy a better quality of life. They both knew that the gateway to a brighter future would be to attend a good school …Sanford-Brown Institute convinced them they had found their dream school, but instead plunged them into a nightmare that isn’t over yet.
2 Borrowers Sue Over Forgiveness of Student Loans | Inside Higher Ed
Frustrated with the slow resolution of loan forgiveness claims at the Department of Education, two borrowers have filed a lawsuit against Education Secretary Betsy DeVos and loan servicing company Navient in federal court.
Stakeholders Meet this Week to Rewrite Obama-Era For-Profit College Rules | Market Watch
For the past several years, students who believe they’ve been scammed by their colleges have waited in limbo while policy makers and industry stakeholders determine their fate.
Lawsuit Seeks New Recourse on For-Profit College Fraud | U.S. NEWS
WASHINGTON (AP) — Two women who claim they were defrauded by a for-profit college have sued the Education Department and a private loan servicer in a case their attorneys say could provide a new legal remedy for tens of thousands of students frustrated with the department’s inaction on claims seeking loan forgiveness.
Feds Found Widespread Fraud at Corinthian Colleges. Why are Students Still Paying the Price? | The Washington Post
Nearly 80,000 students of defunct for-profit giant Corinthian Colleges are facing some form of debt collection, even though the U.S. Department of Education unearthed enough evidence of fraud to forgive their student loans, according to an investigation by the staff of Sen. Elizabeth Warren (D-Mass.).
The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg
The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.
Elizabeth Warren Trains Her Sights on a New Target | Bloomberg
The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by “vast numbers” of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.