Students Defrauded By For-Profits May Not Get Full Relief | AP News
WASHINGTON (AP) — Students who were defrauded by the for-profit Corinthian Colleges may not get their loans forgiven entirely, the Education Department announced Wednesday, in a reversal of the Obama administration policy of wiping out the debt.
Student-Loan Borrowers Await Debt Relief | Time
When Corinthian Colleges and ITT Technical Institutes collapsed in 2015 and 2016, respectively, after allegations of fraud and misleading marketing, it seemed like a moment of reckoning for the for-profit college industry.
Predatory For-Profit Colleges Thrive in The Trump Era | WNYC
Ever since the federal government passed the G.I. Bill after World War II, predatory enterprises have been looking to take advantage of the money set aside by the government to help students pay for a college education.
Students Defrauded by For-Profit School Sue US Department of Education | Huffington Post
Tina Carr and Yvette Colon had the same goal. They wanted to build careers in the medical field, make a good living and enjoy a better quality of life. They both knew that the gateway to a brighter future would be to attend a good school …Sanford-Brown Institute convinced them they had found their dream school, but instead plunged them into a nightmare that isn’t over yet.
Trump policy halts loan relief for thousands of students | The Boston Globe
Panic overwhelmed Kennya Cabrera Garcia when she realized that her diploma — the one she had taken out loans to earn — was virtually worthless. Without the job in medical office work the for-profit school had promised her, she had little to show for the experience but $200 a month in federal student loan payments.
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.
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.
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.
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.
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.