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.
Student Who Took on ‘Crushing’ Debt Angry After Betsy DeVos Scales Back Investigations of For-Profit Colleges | Time
Yvette Colon took out more than $35,000 in student loans and spent two years at a for-profit college to get a certificate that she says is worthless. Now, she fears even more students could fall into a similar trap after Education Secretary Betsy DeVos reportedly crippled the office charged with investigating the company behind Colon’s now-defunct college, Career Education Corporation, and several other for-profit institutions.
For-Profit Colleges Struggle Despite Assist From DeVos | The Chicago Tribune
The for-profit college industry is struggling under the weight of declining enrollment, stiff competition from traditional universities and an image battered by past misdeeds, even as the Trump administration tries to offer a helping hand.
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.
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.
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.