The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg
The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.
Elizabeth Warren Trains Her Sights on a New Target | Bloomberg
The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by “vast numbers” of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.
Education Dept. Is Sued Over Debt Collection From Former Corinthian Students | The Chronicle of Higher Education
A former student of the defunct Corinthian Colleges Inc. is suing the U.S. Education Department to ”halt the certification of all Corinthian-related debts,” as a U.S. senator wrote to the department asking why it was collecting such debts.
Elizabeth Warren Says Government is Forcing Student Borrowers to Pay ‘Fraudulent Debts’ | MarketWatch
Tens of thousands of borrowers who were victims of fraud by their college are losing their tax refunds, Social Security benefits, and facing other debt collection practices over their student loans, according to Senator Elizabeth Warren.
New England Institute of Art Students Storm Campus to Deliver Demand Letter | Debt Collective
On Wednesday students who attended predatory for-profit college, the New England Institute of Art, stormed their former campus to demand justice, including debt cancellation, for all those who attended the school.
Former Art Institute Students Demand Justice At Their Old Campus | ThinkProgress
Students who say they were preyed on by for-profit college companies that gave them a “worthless” education and didn’t prepare them for the workforce are hoping to push these schools to shut down for good.
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.
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.
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.
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.