News

Featured News

Press Releases
Project on Predatory Student Lending

ITT Student Files New Lawsuit Against Navient for Private Student Debt Cancellation | Press Release

Coverage
Harvard Magazine

“Attacking the Concept of Debt” | Harvard Magazine

Blog

Update | Borrowers Raise Concern over Borrower Defense Denials

The ‘Morally Suspect’ Way the Government Collects Student Loans | MarketWatch

Three to four nights per week Denise Miner leaves the apartment she shares with her three adult children and one grandchild and spends an hour commuting to Long Island to cook, clean and perform other tasks for members of someone else’s family.

Read More

Feds Found Widespread Fraud at Corinthian Colleges. Why are Students Still Paying the Price? | The Washington Post

Nearly 80,000 students of defunct for-profit giant Corinthian Colleges are facing some form of debt collection, even though the U.S. Department of Education unearthed enough evidence of fraud to forgive their student loans, according to an investigation by the staff of Sen. Elizabeth Warren (D-Mass.).

Read More

Update | LSC’s Project on Predatory Student Lending and Public Citizen Sue to Stop Education Department’s Illegal Regulatory Delay

The U.S. Department of Education broke the law when it announced a delay of a rule designed to protect students defrauded by predatory for-profit colleges and career training programs, two borrowers said in a lawsuit filed today in the U.S. District Court for the District of Columbia.

The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg

The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.

Read More

Update | Department of Education’s Latest Borrower Defense Report Reveals Unfair & Unjustified Limitation on Relief

U.S. Education Under Secretary Ted Mitchell announced on June 25, 2015 that the Department designated a Special Master to oversee debt relief for borrowers defrauded by Corinthian Colleges.

Update | Lawsuit Against U.S. Departments of Education & Treasury

A former student of Everest Institute filed a lawsuit yesterday in federal court to challenge the government’s continued collection of defaulted federal student loans from low-income people who borrowed in order to attend a school operated by the disgraced and defunct Corinthian Colleges chain. 

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