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Project on Predatory Student Lending

Students Challenge Education Department’s Latest Scheme to Deny Student-Loan Relief | Press Release

Press Releases
Project on Predatory Student Lending

Florida For-Profit Colleges Sued for Selling Predatory Product and Targeting Black Students | Press Release

Press Releases
Project on Predatory Student Lending

Student Borrower Class Forces Department of Education to Process All Pending Borrower Defense Claims | Press Release

For-Profit Schools’ Predatory Practices and Students of Color: A Mission to Enroll Rather than Educate | Harvard Law Review

In a move with significant implications for federal civil rights enforcement, the Department of Education has halted investigations into several large for-profit institutions widely accused of defrauding students. This decision sends an even clearer message that the Department of Education stands on the side of corrupt corporations rather than with students.

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Betsy DeVos Doesn’t Give a Damn About Students, Education or the Cost Thereof | The Root

Can we stop telling the lie that Betsy DeVos has the best interest of this nation’s students at heart? The U.S. Department of Education has devolved into yet another classist system of oppression set up to hold down people of color and low-income families. This latest move by DeVos is proof of that.

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Update | Department of Education’s Proposed New Borrower Defense Rule Enables Predatory For-Profit Colleges And Harms Students

Today, the Department of Education proposed a new borrower defense rule that strips away borrower rights, encourages the predatory behaviors of bad actors in higher education, and once again, benefits the for-profit college industry instead of students.

Student Loans: Borrowers Could Face Tighter Federal Standard for Debt Forgiveness | USA Today

People with student loans could soon find it harder to prove that the federal government should forgive their debts based on allegations of false promises or frauds by their schools. The Trump administration on Wednesday issued a proposed new rule for dealing with so-called borrower defense claims filed by former students who say colleges misled them with unrealistic data about their job prospects after graduation or other frauds.

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DeVos Rules Would Cut Estimated $13B in Student Loan Relief | Associated Press

Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday. The proposal, which aims to replace a set of Obama-era rules that were never implemented, drew applause from the for-profit industry but sharp criticism from advocacy groups that represent student borrowers.

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DeVos Proposes to Curtail Debt Relief for Defrauded Students | New York Times

Education Secretary Betsy DeVos proposed on Wednesday to curtail Obama administration loan forgiveness rules for students defrauded by for-profit colleges, requiring that student borrowers show they have fallen into hopeless financial straits or prove that their colleges knowingly deceived them.

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Students Left Dangling as Art Institute of Charleston Shuts Down | The Post and Courier

The rise and fall of the Art Institute of Charleston took just 11 years, carrying with it the aspirations of hundreds of young artists — and leaving some of them struggling beneath a mountain of debt.

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His two year degree cost him $90,000. Now he’s in a battle with the Education Department | CNBC

Shaun Joyce used to sit at his desk at The Art Institute of Charlotte in North Carolina, on edge. That’s because a staff member could burst into his classroom at any moment and lead him on the “walk of death.” That was when students would be summoned to the for-profit school’s financial aid office and told they’d “run out” of loans, Joyce said. Then the student would be informed that he or she needed to borrow more money immediately, or else leave the school.

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Art Institute of Philadelphia Students, Facing the School’s Closure, Weigh Offers from Harcum College and Others | The Inquirer

Yo, all you beleaguered Art Institute students. Harcum College, an associate’s-degree-granting college in Bryn Mawr, has a deal for you: $5,000 in tuition assistance for any student affected by the institute’s closure in Philadelphia and at other campuses.

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SEC’s $300,000 ITT Settlement Leaves Trail of Questions | Indianapolis Business Journal

The Securities and Exchange Commission came at ITT Educational Services Inc.’s two top executives with guns blazing three years ago, declaring that CEO Kevin Modany and Chief Financial Officer Daniel Fitzpatrick “engineered a campaign of deception and half-truths.”

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