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.
Education Dept. Is Sued Over Debt Collection From Former Corinthian Students | The Chronicle of Higher Education
A former student of the defunct Corinthian Colleges Inc. is suing the U.S. Education Department to ”halt the certification of all Corinthian-related debts,” as a U.S. senator wrote to the department asking why it was collecting such debts.
Elizabeth Warren Says Government is Forcing Student Borrowers to Pay ‘Fraudulent Debts’ | MarketWatch
Tens of thousands of borrowers who were victims of fraud by their college are losing their tax refunds, Social Security benefits, and facing other debt collection practices over their student loans, according to Senator Elizabeth Warren.
New England Institute of Art Students Storm Campus to Deliver Demand Letter | Debt Collective
On Wednesday students who attended predatory for-profit college, the New England Institute of Art, stormed their former campus to demand justice, including debt cancellation, for all those who attended the school.
Former Art Institute Students Demand Justice At Their Old Campus | ThinkProgress
Students who say they were preyed on by for-profit college companies that gave them a “worthless” education and didn’t prepare them for the workforce are hoping to push these schools to shut down for good.
Little for Students in ‘Historic’ Settlement of Education Management Case | The Chronicle of Higher Education
The U.S. attorney general, Loretta E. Lynch, and the education secretary, Arne Duncan, announced the settlement of a false-claims lawsuit against the Education Management Corporation on Monday.
Education Department Delays Relief For Defrauded Student Loan Borrowers | Huffington Post
Students who claim they were defrauded by for-profit schools owned by Corinthian Colleges Inc. into taking out federal student loans will have to wait several more months before the Obama administration decides whether to cancel their debts, the Department of Education said Thursday.
This For-Profit College Failed, but its Students are Left with the Wreckage | The Washington Post
Last week, one of the country’s biggest career college chains completed its collapse. Corinthian Colleges once ran 107 campuses of Everest Institute, WyoTech and Heald Colleges that served more than 100,000 students.