News

Coverage

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.

Read More

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.

Read More

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.”

Read More

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.

Read More

The ‘Morally Suspect’ Way the Government Collects Student Loans | MarketWatch

Three to four nights per week Denise Miner leaves the apartment she shares with her three adult children and one grandchild and spends an hour commuting to Long Island to cook, clean and perform other tasks for members of someone else’s family.

Read More

Feds Found Widespread Fraud at Corinthian Colleges. Why are Students Still Paying the Price? | The Washington Post

Nearly 80,000 students of defunct for-profit giant Corinthian Colleges are facing some form of debt collection, even though the U.S. Department of Education unearthed enough evidence of fraud to forgive their student loans, according to an investigation by the staff of Sen. Elizabeth Warren (D-Mass.).

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More