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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

New England Institute of Art Students Storm Campus to Deliver Demand Letter | Debt Collective

On Wednesday students who attended predatory for-profit college, the New England Institute of Art, stormed their former campus to demand justice, including debt cancellation, for all those who attended the school.

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Former Art Institute Students Demand Justice At Their Old Campus | ThinkProgress

Students who say they were preyed on by for-profit college companies that gave them a “worthless” education and didn’t prepare them for the workforce are hoping to push these schools to shut down for good.

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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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This For-Profit College Failed, but its Students are Left with the Wreckage | The Washington Post

Last week, one of the country’s biggest career college chains completed its collapse. Corinthian Colleges once ran 107 campuses of Everest Institute, WyoTech and Heald Colleges that served more than 100,000 students.

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Update | Project on Predatory Student Lending Releases Poster Explaining Rights and Options of Students Who Attended Closed Everest Schools

LSC’s Project on Predatory Student Lending, along with the National Consumer Law Center’s Student Loan Borrower Assistance Project, released a poster showing rights and options of students at the two Massachusetts Everest schools, as well as other Corinthian-owned schools that closed or are in the process of closing.