18 States Sue Betsy DeVos Over Student Loan Protections | The New York Times
Democratic attorneys general from 18 states and the District of Columbia filed a lawsuit on Thursday against the Education Department and its secretary, Betsy DeVos, challenging the department’s move last month to freeze new rules for erasing the federal loan debt of student borrowers who were cheated by colleges that acted fraudulently.
Fighting Back Against For-Profit Universities | Boston Globe
When Stephano Del Rose enrolled in the New England Institute of Art in Brookline, he had bold dreams of a future in Web design and filmmaking. Lured by promises of cutting-edge digital equipment, internships, and industry connections, Del Rose, now 25, quickly signed on. But his enrollment contract instead led to a world of broken promises, heavy debt, and limited legal options.
Nearly 4,500 American Career Institute Students Are Receiving $30 Million in Debt Relief | Mass Live
Almost 4,500 Massachusetts students who attended the for-profit American Career Institute are set to receive $30 million in debt relief from the U.S. Department of Education.
New Student Lawsuit Details ITT Tech Scam | Huffington Post
Former students from across the country today filed a blockbuster lawsuit against the collapsed for-profit college giant ITT Tech. The students’ complaint, seeking to intervene in the ongoing bankruptcy proceeding filed by the company, draws on testimonials from hundreds of students — veterans, single mothers, and more — who say they were deceived and abused by ITT.
Forging a Path to Debt Cancellation for Former ITT Tech Students | Harvard Law Today
On Jan. 3, the Project on Predatory Student Lending of the Legal Services Center of Harvard Law School filed a 7.3 billion dollar class action lawsuit in the bankruptcy proceedings of ITT Tech, one of the country’s largest for-profit college chains, on behalf of a proposed class of hundreds of thousands of former ITT Tech students in all 37 states in which the now defunct college had operated.
Ex-ITT Students Want to Join Suit to Get Debt Canceled | USA TODAY
Last week, a group of former ITT Tech students moved to establish themselves as creditors in the school’s bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of Indiana.
Student Victims Seek to Become Creditors in ITT Bankruptcy | The New York Times
It seems only right that victims of predatory for-profit education companies should have their student loans forgiven. After all, in addition to being left with mountains of debt, former students have worthless degrees from schools that no longer exist, such as those once operated by the defunct Corinthian Colleges or ITT Educational Services.
1,000 Pages Detailing the Utter Havoc ITT Wreaked on its Students’ Lives | MarketWatch
When Jorge Villalba first set foot on a California ITT campus in the mid-2000s he was lured by promises of a better life.
Former Students Fight for a Stake in ITT Educational Services Bankruptcy | The Washington Post
Creditors, federal regulators, state attorneys general and jilted employees of ITT Educational Services have laid claim to the remaining assets of one of the nation’s largest for-profit college operators in bankruptcy court. Absent from the line of those seeking redress, however, are the thousands of students who say they were defrauded by the chain. That is, until now.
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.