Scammed Borrowers Sue Betsy DeVos, Alleging She Illegally Limited Student-Loan Cancellation | Market Watch
Students who’ve been scammed by their schools are being illegally cheated again — this time out of the loan cancellation that they’re entitled to, a new lawsuit alleges. A group of student-loan borrowers filed a class-action lawsuit Tuesday accusing Secretary of Education Betsy DeVos and her department of illegally limiting the amount of relief student-loan borrowers who were misled by their schools receive.
Student Loan Borrowers Sue DeVos To Overturn Loan Forgiveness Rule | Forbes
Student loan borrowers have filed a new lawsuit against Education Secretary Betsy DeVos. The lawsuit concerns the Borrower Defense to Repayment program. This loan forgiveness program was originally enacted by the Obama administration to provide student debt relief to students who were misled, defrauded, or otherwise harmed by predatory colleges and universities.
Education Secretary DeVos Sued Over Rule Related to For-Profit College Fraud | Yahoo Finance
The Department of Education (ED) changed its rules on how students defrauded by for-profit colleges seek debt relief, leading to lawsuits and a political fight to return the rule to its Obama-era form and a veto from President Trump in support of the change. Now consumer advocates are suing over related, lesser known Trump administration student debt rule change in another attempt to obtain more relief for defrauded students.
Betsy DeVos To Be Sued Over Partial Debt Forgiveness Policy | Forbes
Education Secretary Betsy DeVos is being sued again. This time for her new partial debt forgiveness policy under the “borrower defense to repayment” rule. DeVos announced the new policy last year, providing for a way for borrowers who were defrauded by their school to get only a portion of their loans cancelled.
Consumer Groups to Challenge ‘Partial Relief’ Rule | Inside Higher Ed
Consumer groups are expected to file a federal lawsuit today challenging U.S. Education Secretary Betsy DeVos’s so-called partial relief rule, in which more students get only a part of their student debt forgiven if they have been defrauded by their institutions.
New Lawsuit Over DeVos’ Partial Loan Forgiveness Policy | Politico
Consumer groups this morning are filing a new legal challenge to DeVos’ policy, announced last year, that will cancel only part of the loan debt owed by federal student loan borrowers who are defrauded by their college.
Borrower-Defense Rule Saved by Trump Veto but Still Faces Fight in Court | Inside Higher Ed
U.S. Education Secretary Betsy DeVos’s controversial borrower-defense rule cleared one hurdle with President Trump’s veto Friday evening of a congressional resolution that would have undone it. But the rule, which would make it harder for borrowers to have their student debt forgiven if they were defrauded by their colleges, still faces a legal challenge before it is due to go into effect July 1.
For-Profit Colleges Stole Our Past 10 Years. But Trump Has the Chance to Make it Right. | USA Today
When we met in 2007, we were on our way to achieving the American dream, and we were doing it together. We were students at the now-closed Art Institute of Fort Lauderdale in Florida. Thirteen years and some 25 student loans later, our dreams of marriage, a family and home ownership have been deferred by our overwhelming student loan debt.
DeVos Backs Down, Agrees To Process Student Loan Forgiveness Applications | Forbes
In a victory for student loan borrowers, Education Secretary Betsy DeVos has agreed to process long-stalled applications for student loan forgiveness. Student loan borrowers had submitted nearly 170,000 applications for student loan forgiveness pursuant to the Borrower Defense to Repayment program.
Education Department to Resolve Borrower-Defense Case | Inside Higher Ed
The Education Department agreed to process 170,000 claims by student loan borrowers who want their debts canceled because they were misled by their colleges under a settlement jointly proposed by the department and a consumer group.