News

Coverage

Defrauded by a For-Profit College? A New Court Ruling May Help you Cancel Out Your Loan Debt | Market Place

At least one class of borrowers carrying the ever-growing burden of student debt could possibly find some relief coming by way of a court ruling made earlier this week. The ruling was tied to the fates of institutions like the for-profit ITT Tech, which went bankrupt in 2016 amid allegations of deceptive practices, leaving tens of thousands of students stranded with federal loans. They could get those discharged, but they first needed to know the option was available and then how to apply for it, said attorney Julie Murray.

Read More

Judge Orders Betsy DeVos To Begin Student Loan Forgiveness | Forbes

A federal judge ordered Tuesday that the U.S. Department of Education, led by Betsy DeVos, must implement immediately an Obama-era student loan forgiveness rule. Attorneys general from 19 states, plus the District of Columbia, sued U.S. Secretary of Education Betsy DeVos and the U.S. Department of Education for delaying a borrower protection rule that was scheduled to take effect beginning July 1.

Read More

Defrauded Students Win Class Certification in Lawsuit Against DeVos | Courthouse News Service

More than 100,000 students defrauded by Corinthian Colleges can team up to sue Education Secretary Betsy DeVos for rolling back Obama-era rules that provided full debt forgiveness, a federal judge ruled Monday.

Read More

Students Defrauded by Colleges Score Win in Court Decision | Associated Press

Students defrauded by for-profit colleges scored an important victory on Tuesday, when a court cleared the way for an Obama-era policy that will make it easier for them to get their student loans forgiven.

Read More

Tens of Thousands of Defrauded Students Could Now Have Their Loans Cancelled | CNBC

A judge ruled on Tuesday that an Obama-era set of consumer protections for defrauded students will go into effect immediately, after repeated attempts by the Trump administration and the for-profit college sector to delay the regulation.

Read More

Students Defrauded by For-Profit Colleges Can Seek Loan Forgiveness, Judge Rules | The Wall Street Journal

The Education Department must implement Obama-era rules that set up a procedure for students who were defrauded by their colleges to have their federal student loans forgiven, a court ruled Tuesday.

Read More

Judge Unblocks Obama Rule on Student Debt Relief After Delays by DeVos | CNN

An Obama-era rule designed to help students cheated by for-profit colleges get relief on their education debt finally took effect Tuesday after efforts by the Trump administration to block it. A federal judge ordered immediate implementation of the rule, delayed last year by Education Secretary Betsy DeVos, while a challenge from the for-profit college industry proceeds.

Read More

Court win for student loan protections delivers loss to DeVos | Politico Pro

A federal court on Tuesday cleared the way for Obama-era student loan borrower protections to take effect, handing a defeat to Education Secretary Betsy DeVos after she fought for more than a year to stop the rules.

Read More

Judge Greenlights Obama-Era Rule for Scammed Students, Despite Delays by Trump Administration | MarketWatch

An Obama-era regulation aimed at providing relief for scammed student-loan borrowers takes effect Tuesday, despite efforts by the Betsy DeVos-led Department of Education to delay it. Judge Randolph Moss struck down an attempt by a group of private colleges to block the regulation, known as borrower defense, paving the way for it to take effect.

Read More

Delayed Obama-Era Rule on Student Debt Relief Is to Take Effect | New York Times

A long-delayed federal rule intended to protect student loan borrowers who were defrauded by their schools went into effect on Tuesday, after a judge rejected an industry challenge and the Education Department ended efforts to stall it any longer.

Read More