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.
The Trump Administration Has Agreed to Make Final Decisions Within 18 Months on Nearly 170,000 Loan Forgiveness Applications | Politico
Under the agreement, the Education Department would be required to make a final decision on each of the claims within 18 months from the time the judge signs off on the deal. Borrowers still waiting for a decision after that time will have 30 percent of their loans discharged for each month the department misses the deadline.
DeVos Reaches Settlement Over Stalled Student Debt Relief Claims | Washington Post
The Trump administration has agreed to process nearly 170,000 debt cancellation claims within 18 months from borrowers who say they were defrauded by their colleges. The proposed settlement agreement, filed in U.S. District Court in California on Friday, stems from a class-action lawsuit brought against Education Secretary Betsy DeVos and her agency in June by a group of borrowers awaiting decisions on their applications, some for as long as five years.
DeVos Settles Suit Over Debt Relief for Defrauded Students | Courthouse News Service
Students who claim they were defrauded by for-profit colleges will get decisions on their requests for debt relief within 18 months under the terms of a proposed settlement reached with the U.S. Department of Education Friday.
DeVos Reaches Settlement in Lawsuit Over Loan Relief Program | Associated Press
The U.S. Education Department is promising to process student loan forgiveness claims for nearly 170,000 borrowers within 18 months as part of a proposed settlement announced Friday in a federal lawsuit.
Student Loan Borrowers Sue Betsy DeVos – Again | Forbes
Student loan borrowers have filed yet another lawsuit against Education Secretary Betsy DeVos over the Borrower Defense to Repayment program. Borrower Defense to Repayment was established in 2016 by the Obama administration. The program was created in the wake of the collapse of major for-profit colleges to provide student loan forgiveness for borrowers who were defrauded by their schools.
Scott Calls on DeVos to Testify About Stalled ‘Borrower Defense’ Claims after Judge’s Contempt Finding | Politico Pro
The chairman of the House education committee wants Education Secretary Betsy DeVos to testify about pending loan forgiveness claims by former Corinthian Colleges students after a federal judge last week held her in contempt and imposed a $100,000 fine for improperly collecting some of those loans.
DeVos Sued Amid New Evidence About Whether Her Agency Aided For-Profit Operator | U.S. News and World Report
Two student advocacy groups have filed separate lawsuits against Secretary of Education Betsy DeVos, one alleging her Department of Education allowed an operator of for-profit schools to mislead students and sack them with debt they are now unable to repay, and another that accused her of continuing to refuse to discharge the student loan debt of borrowers previously enrolled in for-profit schools that abruptly shuttered.
Backlog of student loan fraud claims tops 210K, with processing stalled | Politico Pro
The number of federal student loan borrowers who are waiting for the Education Department to make a decision on their application for loan forgiveness based on alleged fraud by their college now exceeds 200,000 borrowers, according to new federal data released today.
Defrauded by Colleges, Students Wait in Vain for Federal Help | Austin Statesman
In 2013, Morgan Marler decided she wanted a career in computers. At the time, the now-29-year-old was living in Arlington and looking for a job that would pay well and give her a purpose. She enrolled in ITT Technical Institute, one of the nation’s largest for-profit schools. It had been in business for 50 years and had eight campuses in Texas, a fact that reassured Marler. Counselors told her she could expect to make $60,000 with a degree in network system administration.