News

Featured News

Press Releases
Project on Predatory Student Lending

Students Challenge Education Department’s Latest Scheme to Deny Student-Loan Relief | Press Release

Press Releases
Project on Predatory Student Lending

Florida For-Profit Colleges Sued for Selling Predatory Product and Targeting Black Students | Press Release

Press Releases
Project on Predatory Student Lending

Student Borrower Class Forces Department of Education to Process All Pending Borrower Defense Claims | Press Release

Elizabeth Warren Trains Her Sights on a New Target | Bloomberg

The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by “vast numbers” of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.

Read More

Education Dept. Is Sued Over Debt Collection From Former Corinthian Students | The Chronicle of Higher Education

A former student of the defunct Corinthian Colleges Inc. is suing the U.S. Education Department to ”halt the certification of all Corinthian-related debts,” as a U.S. senator wrote to the department asking why it was collecting such debts.

Read More

Elizabeth Warren Says Government is Forcing Student Borrowers to Pay ‘Fraudulent Debts’ | MarketWatch

Tens of thousands of borrowers who were victims of fraud by their college are losing their tax refunds, Social Security benefits, and facing other debt collection practices over their student loans, according to Senator Elizabeth Warren.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.