These For-Profit College Students Hope for Debt Relief as a Debate About Their Loans Rages in Washington | MarketWatch
Seth Pontiff has been waiting for three years to hear whether the $80,000 in loans he took out attending ITT Technical Institute — a for-profit college that closed in 2016 amid allegations of false advertising — will be discharged by the government.
Betsy DeVos Is Making Life Harder for Students Screwed Over by Predatory For-Profit Schools | Mother Jones
Under the Obama administration, the Education Department made it a top priority to curtail predatory practices by for-profit colleges. It investigated and sanctioned schools accused of fraud, made it easier for their students to seek debt relief, and threatened to withhold funding from for-profits whose graduates consistently failed to find jobs in their fields.
DeVos plan on student fraud claims contains errors, group says | Politico Pro
Education Secretary Betsy DeVos’ proposal to rein in federal loan forgiveness for defrauded students contains inaccurate statements about how the Education Department previously handled fraud claims, according to a consumer advocacy group. Harvard Law School’s Project on Predatory Lending says that emails and documents show that the Trump administration erroneously described how the department processed student fraud claims during the last two decades.
Student Loans: Borrowers Could Face Tighter Federal Standard for Debt Forgiveness | USA Today
People with student loans could soon find it harder to prove that the federal government should forgive their debts based on allegations of false promises or frauds by their schools. The Trump administration on Wednesday issued a proposed new rule for dealing with so-called borrower defense claims filed by former students who say colleges misled them with unrealistic data about their job prospects after graduation or other frauds.
DeVos Rules Would Cut Estimated $13B in Student Loan Relief | Associated Press
Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday. The proposal, which aims to replace a set of Obama-era rules that were never implemented, drew applause from the for-profit industry but sharp criticism from advocacy groups that represent student borrowers.
DeVos Proposes to Curtail Debt Relief for Defrauded Students | New York Times
Education Secretary Betsy DeVos proposed on Wednesday to curtail Obama administration loan forgiveness rules for students defrauded by for-profit colleges, requiring that student borrowers show they have fallen into hopeless financial straits or prove that their colleges knowingly deceived them.
Court Tells Department of Ed to Stop Debt Collections for Defrauded Borrowers | Inside Higher Ed
A federal district court this week ordered the Trump administration to halt collections on loans held by former Corinthian Colleges students while it sorts out the legality of a system to provide partial debt relief to borrowers who were defrauded or misled by their institution.
Judge Expands Order Blocking DeVos Partial Loan Forgiveness Policy | Politico
A federal judge in California is expanding the number of former Corinthian Colleges students who will receive a temporary reprieve on their federal student loans amid an ongoing legal challenge to the Trump administration’s loan discharge policies.
Judge Rejects DeVos’s Interpretation of Order to Halt Partial Student Debt Relief Plan | The Washington Post
Tens of thousands of former Corinthian Colleges students can breathe a sigh of relief after a federal judge said late Tuesday that the U.S. Department of Education must stop all attempts to collect on their federal student loans. The decision clarifies the scope of the judge’s ruling in May banning the Education Department from using earnings data to grant partial student loan forgiveness to Corinthian students and halting collection on their federal debts.
Education Department ordered to halt loan collection from defrauded students | UPI
A federal judge in California ordered the Department of Education to stop collecting student loan debts from students who were defrauded by Corinthian Colleges. Magistrate Judge Sallie Kim of the U.S. District Court in San Francisco issued an order Tuesday to ban the Education Department from using earnings data to grant or deny partial student loan forgiveness to Corinthian students and block the collection of their federal debts.