Project on Predatory Student Lending
Statement on the COVID-19 Economic Stimulus Package and Student Loan Relief | Press Release
Project on Predatory Student Lending
Student Advocates Challenge DeVos’ Borrower Defense Rule | Press Release
The Washington Post
DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post
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.
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.
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.
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.
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.
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.
DOJ Must Give Harvard FOIA Docs On For-Profit College | Law360
A Pennsylvania federal judge ruled Monday that the U.S. Department of Justice must turn over some of the documents a Harvard Law School legal clinic had sought from a whistleblower lawsuit over a struggling Pittsburgh-based for-profit college provider’s student recruitment and loan policies.
These Students are Suing Their For-Profit School | Vice
For-profit colleges and universities have received increased scrutiny in recent years for their part in helping to drive up the level of U.S. student debt, which now tops $1.3 trillion, according to the Federal Reserve Bank of New York.