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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

Legislators Are Trying to Block Devos’ Rule on Student Loan Forgiveness—Here’s What You Need to Know | Newsweek

The House of Representatives will vote on a resolution that could stop Education Secretary Betsy DeVos’ borrower defense rule from going into effect, and supporters of the measure say it’s time for legislators to choose a side. Senators will now have a chance to go on the record: Are you with the students or the predatory industry that defrauded them with worthless degrees and a lifetime of debt?” Senator Dick Durbin said in a statement introducing the resolution in September.

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Elizabeth Warren Says She Would Eliminate Student Debt On Day One Of Her Presidency | HuffPost

Sen. Elizabeth Warren (D-Mass.) has said that she would wipe out student loan debt for a vast majority of the nation’s borrowers. On Tuesday, she unveiled a plan to do it starting day one of her presidency.

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Corinthian Colleges Students Want Education Dept. to Face Additional Sanctions for Violating a Court Order | Washington Post

Former Corinthian Colleges students are asking a federal judge to impose higher fines against the Education Department after the agency disclosed it pursued scores of additional borrowers for debt collection in violation of a court order.

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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.

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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.

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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.

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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.

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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.

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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.”

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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.

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