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Update | Project on Predatory Student Lending Student Saves Client Over $40,000

The Project on Predatory Student Lending recently helped save a client over $44,000. A problem in his federal student loan consolidation left him with several defaulted loans.

Update | Project on Predatory Student Lending Student Saves Client Over $40,000

The Project on Predatory Student Lending recently helped save a client over $44,000.  A problem in his federal student loan consolidation left him with several defaulted loans.  He came to the clinic because he was struggling to repay his loans, and because he did not understand why he still had defaulted loans after his consolidation.

For-Profit Colleges Face Big Questions, Regulations, Lawsuits In Mass. | WBUR

Right now in Massachusetts, for-profit colleges are facing big questions, new regulations and lawsuits. The state attorney general is investigating about 12 of them — amid charges of low graduation rates and deceptive sales tactics that leave too many students mired in debt.

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Update | The Project on Predatory Student Lending Submits Comments Regarding the Upcoming Negotiated Rulemaking to Expand “Pay As You Earn”

On November 4, 2014, the Project on Predatory Student Lending of the Legal Services Center, in partnership with the National Consumer Law Center, submitted comments to the Department of Education arguing that more low-income people should be entitled to greater relief in repaying their student loans.

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

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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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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Obama to Lighten Up On PLUS Loan Credit Requirements | The Street

NEW YORK (MainStreet) — Federal student PLUS loans have become the target for criticism from both consumer advocates and their conservative critics. The quick study would be this: they’re too easy to get and too difficult to get rid of.

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Coakley sues for-profit school, alleging deceptive practices led to few jobs, high student debt | The Boston Globe

Attorney General Martha Coakley filed suit Thursday against a national chain of for-profit colleges alleging they used aggressive and deceptive marketing and loan tactics to increase enrollments and boost profits.

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Program Integrity Negotiated Rulemaking Session 2, Day 3 | New America

Today is the third day of the second negotiated rulemaking session around Program Integrity at the U.S. Department of Education offices on K Street. Negotiators met for from Wednesday through Friday.

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Negotiators Tussle Over Proposed Rule to Compel State Scrutiny of Online Ed | The Chronicle of Higher Education

Colleges pushed back on Wednesday against the U.S. Education Department’s efforts to expand state oversight of online education, calling the agency’s proposed “state authorization” rule a “bureaucratic nightmare.”

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