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Project on Predatory Student Lending

Statement on the COVID-19 Economic Stimulus Package and Student Loan Relief | Press Release

Press Releases
Project on Predatory Student Lending

Student Advocates Challenge DeVos’ Borrower Defense Rule | Press Release

Coverage
The Washington Post

DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post

Corinthian Students Seek to Hold DeVos in Contempt for Violating Court Order to Halt Loan Collection | Politico Pro

Attorneys representing a group of former Corinthian Colleges students have asked a federal judge to hold the Education Department and Secretary Betsy DeVos in contempt for violating a court order to stop collecting on their federal student loans.

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Backlog of student loan fraud claims tops 210K, with processing stalled | Politico Pro

The number of federal student loan borrowers who are waiting for the Education Department to make a decision on their application for loan forgiveness based on alleged fraud by their college now exceeds 200,000 borrowers, according to new federal data released today.

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The Latest Reports on Betsy DeVos Scamming For-Profit College Students | Blog

ITT and Corinthian Borrowers Continue to Fight for Relief as the Department of Education Skirts the Law Every Step of the Way

For-Profit Schools Target The Black Community. Here’s How You Can Avoid The Scam | BET

This article takes a deeper dive into for-profit schools and the students who have been scammed into pursuing quick-and-easy higher education. Let’s all take a minute to look at why this problem hits the Black community the hardest.

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Defrauded by Colleges, Students Wait in Vain for Federal Help | Austin Statesman

In 2013, Morgan Marler decided she wanted a career in computers. At the time, the now-29-year-old was living in Arlington and looking for a job that would pay well and give her a purpose. She enrolled in ITT Technical Institute, one of the nation’s largest for-profit schools. It had been in business for 50 years and had eight campuses in Texas, a fact that reassured Marler. Counselors told her she could expect to make $60,000 with a degree in network system administration.

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Raising the Bar for Loan Forgiveness | Inside Higher Ed

In her first significant act as Education Secretary more than two years ago, Betsy DeVos said she planned to overhaul an Obama administration student loan rule designed to protect borrowers defrauded by their college. Despite her efforts, the Obama borrower-defense regulations took effect last year. But on Friday DeVos capped off a two-year effort by issuing her own rule, which scales back loan forgiveness opportunities for student borrowers.

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Project Vows to Challenge DeVos Over Devastating New Borrower Defense Rule that Will Gut Protections for Students | Press Release

“Betsy DeVos is throwing hundreds of thousands of students who have been defrauded by abusive for-profit colleges under the bus.”

Student Loans: Betsy DeVos Rule Change Means College Students Must Fight for Loan Forgiveness | USA Today

The U.S. Department of Education issued new rules late Friday could make it more difficult for students to get federal loan forgiveness if they attended colleges that close suddenly. The rules, which have been known as “borrower defense,” have been the subject of controversy for much of Betsy DeVos’ turn as education secretary.

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DeVos Tightens Rules for Forgiving Student Loans | Politico

Education Secretary Betsy DeVos on Friday finalized rules that make it more difficult for federal student loan borrowers to cancel their debt on the grounds that their college defrauded them, scaling back an Obama-era policy aimed at abuses by for-profit colleges.

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DeVos Toughens Rules for Student Borrowers Bilked by Colleges | The New York Times

Education Secretary Betsy DeVos on Friday significantly tightened Obama-era rules for student borrowers who say their schools defrauded them, imposing a deadline on claims and eliminating a requirement that the department automatically wipe away the loans of some students whose schools closed while they were enrolled.

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