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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

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.

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Update | Project on Predatory Student Lending Comments on Proposed Borrower Defense Rule

The Project on Predatory Student Lending of the Legal Services Center, in partnership with the National Consumer Law Center, submitted comments on behalf of legal aid providers to the U.S. Department of Education about its proposed regulations on when and how defrauded student loan borrowers can obtain relief on the federal student loans they borrowed to attend predatory schools.

Update | Project on Predatory Student Lending Attorney Eileen Connor Wins Major Second Circuit Victory against the Department of Education

Project on Predatory Student Lending Attorney Eileen Connor won her appeal against the Department of Education, contending that it should stop trying to collect on loans given to students who attended schools operated by Wilfred American Educational Corporation (Wilfred) because the Department knew that Wilfred routinely lied about student loan eligibility.

Court Revives Suit Against U.S. Over Fraudulent Student Loans | New York Law Journal

Former beauty school students may pursue claims that the U.S. Department of Education defied federal law by collecting student loans it knew may have been obtained fraudulently, a federal appeals court determined.

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Obama Administration Tussles With Students Over Debt Relief | Bloomberg

This week the Obama administration put forward a plan that could fundamentally alter the way the government confronts claims of fraud by student debtors.

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Defrauded Students Demand Loan Forgiveness on ‘Snake Oil Educations’ | The Fiscal Times

This week marks the one-year anniversary of the debt strike initiated by 15 former students at Corinthian, a predatory chain of for-profit colleges that lied about job placement to lure borrowers.

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Update | Project Attorney Urges Department of Education to Prohibit For-Profit Colleges from Using Forced Arbitration to Hide Fraud and Deception of Students

Project on Predatory Student Lending Attorney Eileen Connor asked the Department of Education to use its current rulemaking process to prohibit colleges participating in the Federal Student Aid program from forcing students to settle disputes against the school through arbitration

Update | Two Project on Predatory Student Lending Alumni Testify to Department of Education

Two alumni of the Project on Predatory Student Lending testified to the Department of Education in support of the rights of borrowers treated unfairly by for-profit colleges to a fair, effective, and efficient process to get their federal student loans discharge

Education Department Delays Relief For Defrauded Student Loan Borrowers | Huffington Post

Students who claim they were defrauded by for-profit schools owned by Corinthian Colleges Inc. into taking out federal student loans will have to wait several more months before the Obama administration decides whether to cancel their debts, the Department of Education said Thursday.

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The U.S. Government’s Predatory-Lending Program | Politico

Most parents will do just about anything for their children, especially when it comes to education. Predictably, at a time when college costs are exploding and students are staggering under more than $1 trillion in debt, one opportunistic lender is making huge profits on loans to their doting moms and dads.

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