News

Update | Project Attorney Urges Department of Education to Prohibit For-Profit Colleges from Using Forced Arbitration to Hide Fraud and Deception of Students

Project on Predatory Student Lending Attorney Eileen Connor asked the Department of Education to use its current rulemaking process to prohibit colleges participating in the Federal Student Aid program from forcing students to settle disputes against the school through arbitration

Senators: Education Dept Should Cut Off Aid to Colleges That Deny Students Their Day in Court | Huffington Post

Today, nine Senators, led by Sherrod Brown (D-OH) and Dick Durbin (D-IL), called on the U.S. Department of Education to cut off federal student aid to colleges and universities that bar their students from going to court to pursue claims against their schools.

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Update | Eileen Connor Joins the Project on Predatory Student Lending

The Legal Services Center welcomes Eileen Connor as Director of Litigation for the Project on Predatory Student Lending.

Federal Judge Upholds Some Regulations on For-Profit Schools, Strikes Down Others | Inside Higher Ed

A federal judge in Massachusetts this week issued a mixed ruling in a case challenging tougher regulations on for-profit colleges enacted by that state’s attorney general.

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This Parent Trap Involves $71 Billion of Federal Education Debt | Bloomberg

The U.S. government is sitting on a growing pile of debt backed by little more than parental love.

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Student Loan Relief Sought by AG Healey | New Boston Post

In an effort to help borrowers struggling to repay student debt, Attorney General Maura Healey on Tuesday announced a new student loan assistance unit and a crackdown on unlawful debt relief companies.

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Little for Students in ‘Historic’ Settlement of Education Management Case | The Chronicle of Higher Education

The U.S. attorney general, Loretta E. Lynch, and the education secretary, Arne Duncan, announced the settlement of a false-claims lawsuit against the Education Management Corporation on Monday.

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Update | Two Project on Predatory Student Lending Alumni Testify to Department of Education

Two alumni of the Project on Predatory Student Lending testified to the Department of Education in support of the rights of borrowers treated unfairly by for-profit colleges to a fair, effective, and efficient process to get their federal student loans discharge

Education Department Delays Relief For Defrauded Student Loan Borrowers | Huffington Post

Students who claim they were defrauded by for-profit schools owned by Corinthian Colleges Inc. into taking out federal student loans will have to wait several more months before the Obama administration decides whether to cancel their debts, the Department of Education said Thursday.

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The U.S. Government’s Predatory-Lending Program | Politico

Most parents will do just about anything for their children, especially when it comes to education. Predictably, at a time when college costs are exploding and students are staggering under more than $1 trillion in debt, one opportunistic lender is making huge profits on loans to their doting moms and dads.

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