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Project on Predatory Student Lending

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

Press Releases
Project on Predatory Student Lending

Student Advocates Challenge DeVos’ Borrower Defense Rule | Press Release

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The Washington Post

DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post

Lawsuit: Department of Education is Making it ‘Nearly Impossible’ for Defrauded Students to Cancel Their Student Loans | Market Watch

A lawsuit filed Wednesday alleges that new Department of Education rules, set to take effect in July, will make it more difficult for scammed students to write off their student loans.

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Education Secretary Betsy DeVos Faces Another Lawsuit for Overturning an Obama-Era Rule | Yahoo Finance

A group of consumer advocates filed a lawsuit against the Department of Education (ED) for revising an Obama-era rule that was designed to protect students who were defrauded by predatory schools.

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Education Advocacy Group Sues DeVos Over Student Loan Protection Rule | Law.com

A New York public interest group on Wednesday sued U.S. Education Secretary Betsy DeVos in Manhattan federal court over a new rule that rolls back Obama-era protections for students who claim they were defrauded by colleges or universities. The lawsuit, filed by the Project on Predatory Student Lending and Public Citizen Litigation Group on behalf of the New York Legal Assistance Group, aims to invalidate borrower defense regulations that would impose new requirements and procedural hurdles for students looking to cancel fraudulent loan obligations.

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The New York Legal Assistance Group Plans to File a Lawsuit Blocking DeVos’ “Borrower Defense” Rule | Politico’s Morning Education

The group, which provides free legal help to low-income individuals, expects to file the lawsuit this morning in federal court in the Southern District of New York. NYLAG is represented by Harvard Law School’s Project on Predatory Student Lending and Public Citizen Litigation Group, both of which successfully challenged DeVos’ efforts to delay the Obama-era “borrower defense” policy, forcing the 2016 rule to take effect.

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Student Advocates Again Challenge DeVos in Court For Trashing Obama-Era Rules | Republic Report

Trump education secretary Betsy DeVos has trashed two key rules that the Department of Education, during the Obama administration, painstakingly developed to discourage for-profit colleges from deceiving and abusing their own students. With a new lawsuit filed today, advocates for students are now in court fighting to cancel both of the DeVos anti-rules and keep the previous Department regulations in place.

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Why People with Student Debt are Refusing to Repay It | CNBC

Sandy Nurse doesn’t see why she needs to be $120,000 in debt “just for trying to improve my understanding of the world.” And so, after a decade of struggling to repay her student loans, she plans to stop trying. She hopes others will join her, too, in a national strike against the country’s outstanding student loan debt, which is marching toward $1.7 trillion.

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Education Department Must Stop Funding For-Profit Colleges That Force Students to Arbitrate

Following a Friday court decision upholding U.S. Department of Education rules intended to stop schools from forcing defrauded students into secretive out-of-court arbitrations, lawyers representing for-profit college students are urging the department to follow that rule and cut off funding of for-profit colleges that violate it.

Muddied Picture for Defrauded Borrowers | Inside Higher Ed

Democrats in the U.S. House of Representatives were able to pass a measure last week expressing opposition to Education Secretary Betsy DeVos’s borrower-defense rule. But because of politics and both ongoing and upcoming legal battles, the vote did little to clear up what will happen to students who are asking for their loans to be discharged because they were defrauded by colleges.

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House votes to make it easier for scammed borrowers to cancel student loans | MarketWatch

Federal lawmakers voted Thursday to block Education Department rules that would make it harder for scammed students to wipe away loans from shuttered schools. The Democrat-controlled U.S. House of Representatives passed a measure that would halt rules slated for implementation in July and reinstate Obama administration-era regulations on how to deal with the debt loads of students with useless degrees.

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Student Advocates Announce Closed School Discharges for Over 30,000 Student Borrowers | Press Release

Student Defense and the Project on Predatory Student Lending issued statements today responding to the U.S. Department of Education’s confirmation that it had discharged loans for over 30,000 student borrowers under the automatic closed school discharge provision of the 2016 borrower defense rule. The discharges include roughly $95.1 million in relief for approximately 7,700 former students of the predatory for-profit college, ITT Tech.