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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

Press Releases
Project on Predatory Student Lending

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

A College Chain Crumbles, and Millions in Student Loan Cash Disappears | New York Times

When the Education Department approved a proposal by Dream Center, a Christian nonprofit with no experience in higher education, to buy a troubled chain of for-profit colleges, skeptics warned that the charity was unlikely to pull off the turnaround it promised.

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Update | Argosy University Stipends

In January of this year, Dream Center Education Holdings—the parent company of Argosy and several other schools—entered into a federal receivership. A receivership occurs when a court appoints someone outside a company to control the company, because the company is in serious financial trouble.

Harvard Law School Sues U.S. Department of Justice Over Document Access | Penn Record

A Harvard law project is suing the United States Department of Justice, citing alleged breach of duty. The Project on Predatory Student Lending of the Legal Services Center of Harvard Law School filed a complaint on Dec. 7 in the U.S. District Court for the Western District of Pennsylvania against the United States Department of Justice for alleged violation of the Freedom of Information Act.

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Borrowers Face Hazy Path as Program to Forgive Student Loans Stalls Under Betsy DeVos | New York Times

The students attended institutions with pragmatic names like the Minnesota School of Business and others whose branding evoked ivy-draped buildings and leafy quads, like Corinthian Colleges. Tens of thousands of them say they are alike in one respect: They were victims of fraud, left with useless degrees and crushing debts.

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Update | Judge Declares Department of Education’s Seizure of Corinthian Colleges Borrowers’ Tax Refunds Illegal

A federal judge ruled this week that the Department of Education illegally took the tax refunds of two former Corinthian College students to pay their student loans, without addressing the assertion that these loans are fraudulent and unenforceable. Now, the Department may not take their tax refunds unless and until it makes a reasoned decision…

Judge Declares Department of Education’s Seizure of Corinthian Colleges Borrowers’ Tax Refunds Illegal | Press Release

A federal judge ruled that the Department of Education illegally took the tax refunds of two former Corinthian College students to pay their student loans, without addressing the assertion that these loans are fraudulent and unenforceable. Now, the Department may not take their tax refunds unless and until it makes a reasoned decision about the assertions of fraud.

Despite the Economic Recovery, Student Debtors’ ‘Monster in the Closet’ has Only Worsened | CNBC

In many ways, Daniel Strong is happy with his life. He owns a three-bedroom ranch-style house in Charlottesville, Virginia, where he lives with his wife and 3-year-old son, Benjamin. He recently made the last payment on his silver, Toyota Tacoma. He likes his job.

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Devos Under Fire for Obstacles to Student Debt Relief | Courthouse News Service

A federal judge blocked the Education Department on Monday from dismantling an Obama-era regulation intended to protect student-loan borrowers from predatory lending practices. “The court concludes that, as with most unlawful agency actions, the proper remedy here is vacatur,” U.S. District Judge Randolph Moss wrote.

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Update | Judge Rules for Project’s Clients; Strikes Down Department of Education Illegal Delay of 2016 Borrower Defense Rule

In another major rebuke to DeVos, the Project wins Bauer v. DeVos case Judge rules that the Department of Education’s delays in implementing 2016 borrower defense rule were illegal and caused serious harm to borrowers   In a victory for student borrowers, and another massive rebuke to Betsy DeVos, a court this week ruled that…

Judge rules that DeVos delay of Obama-era student loan rules is ‘unlawful’ | Politico Pro

A federal judge today ruled that Education Secretary Betsy DeVos’ various delays of Obama-era regulations governing loan forgiveness for defrauded borrowers were illegal.

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