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Project on Predatory Student Lending

Judge Orders That Department of Education Cannot Resume Issuing Borrower Defense Denials Without Notifying Court and Borrowers | Press Release

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Optimism and Hope: “Fail State” Forum and Panel Look Ahead | Blog

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Harvard Magazine

“Attacking the Concept of Debt” | Harvard Magazine

Education Department Scraps a Trump-Era Policy That Limited Debt Relief for Defrauded Students. | New York Times

Tens of thousands of borrowers who attended for-profit schools like Corinthian Colleges and ITT Technical Institute that defrauded students will have their student loan debts eliminated after the Education Department rescinded some changes made during the Trump administration that gutted a relief program.

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Biden Administration To Cancel $1 Billion In Student-Loan Debt Held By Scammed Borrowers | MarketWatch

Borrowers who were scammed by their schools but who only received partial relief from their student-loan debt under the Betsy DeVos-era Department of Education will have their loans fully discharged — a move that will result in an estimated $1 billion in debt relief, the DOE announced Thursday.

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Education Department Throws Out Trump-Era Rule For Defrauded Students | Yahoo Finance

The Education Department (ED) has thrown out a Trump-era rule that limited debt relief for 72,000 borrowers who had graduated from fraudulent for-profit colleges. “We conducted a review of the partial relief methodology that was in place and determined that it was not granting appropriate levels of relief to borrowers given the degree of harm they witnessed,” a senior department official stated on a call with reporters. “The feeling was that [the methodology] didn’t quite go far enough.”

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Education Department Scraps DeVos Loan Relief Standard (1) | Bloomberg Government

The Biden administration will scrap standards issued by former Education Secretary Betsy DeVos that granted only partial loan forgiveness to defrauded student borrowers. The announcement from Secretary Miguel Cardona is the first step in the Education Department’s wider overhaul of relief policies for borrowers whose schools engaged in fraud or misconduct.

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Cardona Scraps DeVos Policy, Will Fully Cancel Debt of Many Students Defrauded by Colleges | Washington Post

About 72,000 people will have their federal loans fully canceled after Education Secretary Miguel Cardona on Thursday scrapped a plan to give partial debt relief to students defrauded by their colleges, ending a controversial policy instituted by his predecessor Betsy DeVos.

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Statement on Education Department Rescinding Partial Relief Policy | Press Release

Today, the Department of Education rescinded its second partial relief policy. Its first was enjoined by a federal court in Calvillo Manriquez v. DeVos. This second policy has been challenged in Pratt v. DeVos. This policy was layered on top of the harmful 2019 borrower defense rules, and its repeal does not affect those rules.

Education Dept. Begins Rolling Back Trump-Era Policies On Defrauded Students | NPR

The U.S. Department of Education announced Thursday it is scrapping a controversial formula, championed by former Education Secretary Betsy DeVos, that granted only partial student loan relief to borrowers who were defrauded by private, for-profit colleges. It will instead adopt what it’s calling a “streamlined approach” for granting borrowers full relief.

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72,000 Borrowers Will Get $1 Billion In Student Loan Forgiveness – Do You Qualify? | Forbes

The U.S. Department of Education announced on Thursday that tens of thousands of student loan borrowers who were defrauded by their schools will receive student loan forgiveness that could total $1 billion.

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Project Urges Secretary Cardona to Cancel Debts of For-Profit College Students Immediately | Press Release

The Project is asks newly-confirmed United States Education Secretary Miguel Cardona to cancel the debts of hundreds of thousands of former for-profit college students under his existing authority immediately.

Biden Administration Backs DeVos in Fight Over Testifying About Loan Forgiveness | Politico

The Biden administration is backing former Education Secretary Betsy DeVos as she tries to avoid having to testify in a lawsuit challenging the Trump administration’s lengthy delays and sweeping denials of student loan forgiveness claims.

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