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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.

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Parents Poised to Gain Easier Access to College Loans | The Wall Street Journal

Amid Enrollment Pinch, Tighter Standards Put on Borrowing Program in 2011 in Line to Be Loosened. The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.

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