Despite the Economic Recovery, Student Debtors’ ‘Monster in the Closet’ has Only Worsened | CNBC
In many ways, Daniel Strong is happy with his life. He owns a three-bedroom ranch-style house in Charlottesville, Virginia, where he lives with his wife and 3-year-old son, Benjamin. He recently made the last payment on his silver, Toyota Tacoma. He likes his job.
Students Can Challenge Education Department Over Loan Forgiveness, Judge Rules | ABA Journal
A U.S. district court has found that two graduates of a Massachusetts for-profit college have standing to challenge the U.S. Department of Education’s recent decision to delay implementation of the borrower defense regulation, which shifts loan repayment responsibility from the student to the school if it’s found that the school engaged in misconduct.
Devos Under Fire for Obstacles to Student Debt Relief | Courthouse News Service
A federal judge blocked the Education Department on Monday from dismantling an Obama-era regulation intended to protect student-loan borrowers from predatory lending practices. “The court concludes that, as with most unlawful agency actions, the proper remedy here is vacatur,” U.S. District Judge Randolph Moss wrote.
Defrauded Students Inch Closer to Victory in DeVos Lawsuit | Associated Press
A federal judge has ruled that Education Secretary Betsy DeVos’ move to ease protections for former students of for-profit colleges should be reversed, handing a victory to those who said they were defrauded by their schools. But U.S. District Judge Randolph Moss put his ruling on hold for 30 days, giving the Education Department and others a chance to respond.
Trump Gets an F from Judge for Favoring ‘Predatory’ For-Profit Colleges | Associated Press
President Trump, who paid $25 million to settle allegations he defrauded Trump University students, and whose private-school education was covered entirely by his parents, was handed a legal defeat last week in his efforts to ignore a rule enacted by the Obama administration to protect student borrowers.
Betsy DeVos Wants Another Chance to Delay Rule Meant to Protect Defrauded Student-Loan Borrowers | Associated Press
The Trump administration on Friday asked the court for another chance to delay an Obama-era policy meant to boost protections for students defrauded by for-profit schools. The request came two days after the court ruled that Education Secretary Betsy DeVos’ move to freeze the regulation known as Borrower Defense was “arbitrary and capricious.”
Defrauded student loan borrowers in limbo in wake of judge’s ruling | CNBC
A tug-of-war between student borrowers hoping to get tens of thousands of dollars in loans they took out for their education discharged and the government may be a step closer to resolution. A federal judge ruled this week that repeated delays by Education Secretary Betsy DeVos of an Obama administration plan to provide debt relief to defrauded borrowers was unlawful.
Judge Rejects DeVos’s Halt of Rule to Help Defrauded Students | New York Times
A federal judge will rule Friday on how to address an improper decision by Education Secretary Betsy DeVos to freeze a plan to help student loan borrowers who were cheated by their schools. A new Education Department rule would have sped up and expanded a system for erasing the federal loan debts of students at schools that broke state laws and misled their attendees.
Federal Court Rules Against DeVos in For-Profit Fraud Case | Associated Press
A federal court has ruled that it was “arbitrary and capricious” for Education Secretary Betsy DeVos to delay an Obama-era rule meant to protect students swindled by for-profit colleges. The decision is a significant blow to the Trump administration’s attempt to ease regulations for the industry.
Student Borrowers And Advocates Win Court Case Against DeVos | NPR
A federal judge has ruled that Education Secretary Betsy DeVos’ delay of a key student borrower protection rule was improper and unlawful. “This is such an important win for student borrowers and anyone who cares about a government that operates under the rule of law,” says Toby Merrill, of Harvard Law School’s Project On Predatory Student Lending.