Project on Predatory Student Lending
ITT Student Files New Lawsuit Against Navient for Private Student Debt Cancellation | Press Release
“Attacking the Concept of Debt” | Harvard Magazine
Update | Borrowers Raise Concern over Borrower Defense Denials
Landmark Court Ruling on Student Borrower Defense Flies in Face of Trump Veto | Yahoo Finance
A federal court ordered the discharge of student loans under an Obama-era borrower defense rule for the first time on the same day that a vote to override President Trump’s veto related to the same rule failed in the House. The implications of Friday’s events bring more uncertainty to hundreds of thousands of affected borrowers as the watershed court ruling faces a potential appeal and consumer advocates vow to continue fighting the Trump administration’s repeal of rules designed to protect defrauded student borrowers.
Federal Judge Orders DeVos To Cancel Student Loans For 7,200 Defrauded Students | Forbes
Yesterday, a federal judge ordered Education Secretary Betsy DeVos to cancel the student loans for the 7,200 student borrowers in Massachusetts who attended the now-defunct Corinthian Colleges. Massachusetts Attorney General Maura Healey applied for “borrower defense” on behalf of 7,200 former Corinithian College students as a group application. Borrower defense is the provision that helps defrauded students by giving the Secretary of Education the authority to discharge debt when schools lie and cheat their students.
‘Huge Win’: Court Orders DeVos to Cancel Loans for Mass. Students Defrauded by Corinthian Colleges | Common Dreams
Advocates for students joined Massachusetts Attorney General Maura Healey in celebration Friday after a federal court in Boston ordered U.S. Education Secretary Betsy DeVos to cancel the loans of 7,200 people in the commonwealth who were defrauded by Corinthian Colleges, a for-profit education company that closed its U.S. campuses in 2015.
Republicans Block Effort To Restore Student Loan Relief | Forbes
Republicans in the House of Representatives have blocked a Democratic-led effort to restore student loan protections to borrowers defrauded by their schools. The Borrower Defense to Repayment program is a student loan forgiveness program originally enacted by the Obama administration to provide student debt relief to students who were misled, defrauded, or otherwise harmed by predatory colleges and universities – often, for-profit schools.
Federal Judge Orders Department of Education to Cancel Loans for 7,200 Students | Boston Globe
A federal judge has ordered US Department of Education Secretary Betsy DeVos to cancel the student loan debt of more than 7,200 Massachusetts students who attended Everest Institute, part of Corinthian Colleges’ defunct national chain of for-profit schools, capping a prolonged legal battle.
Congress Fails To Override Trump’s Veto on Secretary DeVos’ Devastating New Borrower Defense Rule | Press Release
U.S. House of Representatives failed to override President Trump’s veto of bipartisan legislation that would overturn the devasting DeVos borrower defense rule. The rule eliminates vital protections for student borrowers and imposes nearly impossible standards for students defrauded by predatory schools to assert their rights to loan cancellation.
Judge Orders Secretary DeVos to Completely Cancel Student Loans of all 7,200 Defrauded Corinthian Colleges Students in MA | Press Release
Federal judge orders the Deptartment of Education to cancel the student loans of all 7,200 former Corinthian Colleges students in Massachusetts.
Whistleblower: Dept. Of Education Deliberately Thwarted Loan Forgiveness Process | Forbes
A U.S. Department of Education official has filed a whistleblower complaint, alleging that the Trump and DeVos administration deliberately made it harder for student loan borrowers to apply for a loan forgiveness program.
Whistleblower: Education Department Killed Website That Made Applying for Loan Forgiveness Too Easy | U.S. News and World Report
The Trump administration rejected a website that the Education Department’s Federal Student Aid office designed to help students who have been defrauded by their colleges apply for loan forgiveness, arguing the tool made the process too easy, according to a whistleblower complaint.
For-Profit Colleges, Long Troubled, See Surge Amid Pandemic | New York Times
In March, as colleges and universities shuttered campuses under a nationwide lockdown, Strayer University updated its website with a simple message: “Great things can happen at home.” Capella University, owned by the same company as Strayer, has run ads promoting its flexibility in “uncertain times” and promising would-be transfer students that they can earn a bachelor’s degree in as little as a year.