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

My Student Loan Truth: Andrea’s Story | Blog

When the Department of Education seized Andrea’s tax refunds to pay for bogus student loan debt from Corinthian Colleges, there were devastating effects for her entire family.

Betsy DeVos: Income to Decide Education Loan Fraud Forgiveness | Ask the Truth

Overburdened by education loan is a common narrative associated with almost every other student in the US, but what seems tough, is about to get tougher. As per the new plan unveiled by the US Education Department, students who are cheated by their colleges will receive full loan forgiveness, only if they end up earning far less than their peers.

Read More

Betsy DeVos Forced Students Defrauded by For-Profit Colleges to Repay Loans | Truthout

Education Secretary Betsy DeVos overruled career staff at the department’s Borrower Defense Unit, deciding to force student borrowers to partially pay back their loans even though they had been defrauded by for-profit colleges, according to documents obtained by NPR.

Read More

Betsy DeVos Ignored her Own Staff, Forced Students Defrauded by For-Profit Colleges to Pay | Salon

Education Secretary Betsy DeVos overruled career staff at the department’s Borrower Defense Unit, deciding to force student borrowers to partially pay back their loans even though they had been defrauded by for-profit colleges, according to documents obtained by NPR.

Read More

Why Defrauded Students Still Can’t Get Debt Relief | The Takeaway

Tens of thousands of students across the country have been defrauded by for-profit colleges. On Wednesday, NPR reported on internal documents that show how career staffers at the Department of Education believed that students in these situations should have their debts forgiven, but that Education Secretary Betsy DeVos overruled them.

Read More

Betsy DeVos Says Students May Only Get Partial Loan Relief in Fraud Cases | Market Watch

Students who are cheated by their colleges will receive full loan forgiveness only if they end up earning far less than their peers, while others will receive relief between 25% and 75% of their debt under new rules unveiled Tuesday by the U.S. Education Department. The policy is a departure from the Obama administration, which provided full loan forgiveness in cases of fraud, and it marks the second time the Trump administration has attempted to provide only partial loan relief.

Read More

Betsy DeVos Overruled Education Dept. Findings On Defrauded Student Borrowers | NPR

Documents obtained by NPR shed new light on a bitter fight between defrauded student borrowers and U.S. Education Secretary Betsy DeVos. These borrowers — more than 200,000 of them — say some for-profit colleges lied to them about their job prospects and the transferability of credits. They argue they were defrauded and that the Education Department should erase their federal student loan debt under a rule called “borrower defense.”

Read More

DeVos Tries Again to Cut Debt Relief for Students Who Were Misled | New York Times

Thousands of students who took out federal loans to attend schools that lured them with fraudulent claims will still have to repay a portion of their debts, the Education Department said Tuesday — a new attempt to water down a loan-forgiveness program that the department’s leader has long deplored.

Read More

Education Secretary Betsy DeVos Rolls Out New Method for Approving Student Debt Relief Claims | Washington Post

Education Secretary Betsy DeVos is doubling down on a controversial policy of granting partial debt relief to students defrauded by their colleges, despite ongoing legal challenges and a congressional inquiry. On Tuesday, the Education Department released an updated methodology for processing loan forgiveness claims made under a statute known as borrower defense to repayment.

Read More

DeVos: Defrauded Students May Only Get Partial Loan Relief | Associated Press

Students who are cheated by their colleges will receive full loan forgiveness only if they end up earning far less than their peers, while others will receive relief between 25% and 75% of their debt under new rules unveiled Tuesday by the U.S. Education Department.

Read More