News

Coverage

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.

Read More

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.

Read More

Talks Begin to Rewrite Rules Protecting Students From Fraud | AP News

WASHINGTON (AP) — Education Department officials opened formal negotiations on Monday to rewrite federal rules meant to protect students from fraud by colleges and universities. The talks with university representative and student advocates are taking place as the department faces criticism for delaying consideration of tens of thousands of loan forgiveness claims from students who say they were defrauded by for-profit colleges.

Read More

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.

Read More

Almost All Student Loan Fraud Claims Involve For-Profit Colleges, Study Finds | Chicago Tribune

Students who attended for-profit colleges filed more than 98% of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday.

Read More

Healey Slams Loan Forgiveness Change | Boston Herald

State Attorney General Maura Healey yesterday fired back at U.S. Secretary of Education Betsy DeVos following a report that the Trump administration may only partially forgive federal loans of students defrauded by for-profit colleges.

Read More

AP Sources: DeVos May Only Partly Forgive Some Student Loans | Associated Press

The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration’s policy of erasing that debt.

Read More

Trump Policy Halts Loan Relief for Thousands of Students | The Boston Globe

Kennya Cabrera Garcia is among 65,000 student borrowers across the country who were put into financial limbo after a federal college loan forgiveness program was put on hold.

Read More

How Betsy DeVos is Quietly Erasing Obama’s Education Legacy | Vox

From dropping protections for transgender students to fostering a friendlier climate for for-profit colleges, DeVos has made an immediate mark.

Read More

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.).

Read More