Betsy DeVos Sued by Students Over Loan Forgiveness | Fox Business
Seven students filed a lawsuit against Education Secretary Betsy DeVos on Tuesday, related to the department’s student loan forgiveness program. The program was built around an Obama-era rule – the Borrower Defense to Repayment – which is being re-evaluated by DeVos. The rule was designed to help students who attended for-profit schools but were misled about job placement prospects and opportunities to cancel their debt.
Student Loan Borrowers Who Say They Were Defrauded Sue Betsy DeVos | The Entrepreneur Fund
More than 150,000 former students of for-profit colleges filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos on Tuesday, claiming the agency is depriving them of the student debt relief to which they’re legally entitled. The plaintiffs, represented by Harvard Law School’s Project on Predatory Student Lending and Housing & Economic Rights Advocates, accuse the Department of Education under DeVos of failing to implement an Obama-era regulation known as “borrower defense, ” which allows students to have their federal student loans cancelled if their school misled them or engaged in other misconduct.
People are Suing Betsy DeVos Over Student Loans they Say Should Have Been Forgiven | Fast Company
A group of former for-profit college students filed a potential class action against the Department of Education and Education Secretary Betsy DeVos Tuesday, saying they and nearly 160,000 others are waiting on the department to rule on whether they should have federal loans forgiven due to “their school’s misconduct.”
DeVos Sued Over Stalled Processing of Student Loan Fraud Claims | Politico Pro
A group of former for-profit college students on Tuesday plan to file a proposed class action lawsuit that challenges the Trump administration’s failure to process a growing backlog of student loan fraud claims.
Argosy University Closing Leaves Students Scrambling | Consumer Affairs
Another for-profit college has shut its doors, leaving many of its students with no degree and lots of debt. Argosy University, which operated brick-and-mortar campuses in Virginia, California, Illinois, Florida, Arizona, and other states had to turn out the lights after the U.S. Department of Education expelled it from the federal financial aid program.
Education Department to Enforce Obama-era Ban on Mandatory Arbitration | Politico Pro
The Education Department said on Friday that it will begin enforcing an Obama-era ban on colleges using mandatory arbitration agreements, after a federal judge last fall thwarted the Trump administration’s efforts to stop the policy.
A College Chain Crumbles, and Millions in Student Loan Cash Disappears | New York Times
When the Education Department approved a proposal by Dream Center, a Christian nonprofit with no experience in higher education, to buy a troubled chain of for-profit colleges, skeptics warned that the charity was unlikely to pull off the turnaround it promised.
Harvard Law School Sues U.S. Department of Justice Over Document Access | Penn Record
A Harvard law project is suing the United States Department of Justice, citing alleged breach of duty. The Project on Predatory Student Lending of the Legal Services Center of Harvard Law School filed a complaint on Dec. 7 in the U.S. District Court for the Western District of Pennsylvania against the United States Department of Justice for alleged violation of the Freedom of Information Act.
Borrowers Face Hazy Path as Program to Forgive Student Loans Stalls Under Betsy DeVos | New York Times
The students attended institutions with pragmatic names like the Minnesota School of Business and others whose branding evoked ivy-draped buildings and leafy quads, like Corinthian Colleges. Tens of thousands of them say they are alike in one respect: They were victims of fraud, left with useless degrees and crushing debts.
DOJ Must Give Harvard FOIA Docs On For-Profit College | Law360
A Pennsylvania federal judge ruled Monday that the U.S. Department of Justice must turn over some of the documents a Harvard Law School legal clinic had sought from a whistleblower lawsuit over a struggling Pittsburgh-based for-profit college provider’s student recruitment and loan policies.