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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

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.

Canceling Student Debt Is Easier Than It Sounds | NPR

Sen. Elizabeth Warren, D-Mass., has pledged to cancel up to $50,000 of debt for 95% of student loan borrowers if she is elected president. Sen. Bernie Sanders, I-Vt., has proposed an even more generous plan if he’s elected.

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White House contender Warren sees path to cancel student loan debt without Congress | Reuters

Democrat Elizabeth Warren outlined on Tuesday how, if elected to the White House, she would on the first day of her presidency cancel federal student loan debt by using the Department of Education’s pre-existing authority.

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Warren Would Bypass Congress to Cancel Federal Student Debt | Bloomberg

Senator Elizabeth Warren proposed Tuesday to ease federal student loan debt with executive authority, in a policy rollout aimed at attracting young voters. Warren said that as president, she would not wait for Congress to approve her plans to cancel or modify federal student debt. Instead, she would directly authorize the Department of Education to provide as much as $50,000 in relief to about 95% of student loan borrowers.

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Elizabeth Warren says she will use presidential authority to cancel student loan debt if elected | Boston Globe

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White House Contender Warren Sees Path to Cancel Student Loan Debt Without Congress | New York Times

Democrat Elizabeth Warren outlined on Tuesday how, if elected to the White House, she would on the first day of her presidency cancel federal student loan debt by using the Department of Education’s pre-existing authority. Warren had previously called for the cancellation of up to $50,000 in student loan debt for each of about 42 million borrowers, but had not outlined the specific steps she would take or the timing.

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Warren vows to cancel college debt without awaiting Congress | Associated Press

Presidential candidate Elizabeth Warren says she’d order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office, effectively erasing outstanding loans for about 42 million Americans. The Democratic senator from Massachusetts vowed in a proposal released Tuesday to act immediately and not wait for Congress because the secretary of education already has broad authority to compromise on and modify student loans.

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Warren says she would cancel student debt on Day 1, citing legal authority of Department of Ed | USA Today

Sen. Elizabeth Warren would capitalize on the federal government’s current legal authority and begin canceling existing student loan debt on her hypothetical first day in office. In a plan released Tuesday, Warren said she would direct the Secretary of Education to “use their authority to begin to compromise and modify federal student loans consistent with my plan to cancel up to $50,000 in debt for 95% of student loan borrowers,” which equals about 42 million people.

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