News

Coverage

Court Revives Suit Against U.S. Over Fraudulent Student Loans | New York Law Journal

Former beauty school students may pursue claims that the U.S. Department of Education defied federal law by collecting student loans it knew may have been obtained fraudulently, a federal appeals court determined.

Read More

Obama Administration Tussles With Students Over Debt Relief | Bloomberg

This week the Obama administration put forward a plan that could fundamentally alter the way the government confronts claims of fraud by student debtors.

Read More

Defrauded Students Demand Loan Forgiveness on ‘Snake Oil Educations’ | The Fiscal Times

This week marks the one-year anniversary of the debt strike initiated by 15 former students at Corinthian, a predatory chain of for-profit colleges that lied about job placement to lure borrowers.

Read More

The Government Paves the Way for Students to File Class-Action Lawsuits | Market Watch

The U.S. government wants to make it easier for student loan borrowers to sue their colleges when they believe they’ve been wronged.

Read More

Student Loan Relief Sought by AG Healey | New Boston Post

In an effort to help borrowers struggling to repay student debt, Attorney General Maura Healey on Tuesday announced a new student loan assistance unit and a crackdown on unlawful debt relief companies.

Read More

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.

Read More

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.

Read More

U.S. Must Face Lawsuit Over Beauty School Student Loans | Reuters

A U.S. appeals court in New York revived a lawsuit seeking to stop the government from collecting on loans made to students of a nationwide beauty school chain, since it knew the now-defunct company routinely falsified student eligibility for those loans.

Read More

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.

Read More

A Little-Known Student Loan Protection Remains Mired In Mystery | Buzzfeed

A group of Democratic senators identified a clause in federal student loan contracts that could lead to billions in debt being forgiven. But nobody, including the Education Department, knows how the clause works in practice.

Read More