News

Featured News

Press Releases
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

Update | ITT Bankruptcy Settlement Does More for Cheated Students Than DeVos

When the final order of the ITT bankruptcy settlement became effective this month, the court approved cancellation of every dollar of student debt held by the for-profit college and allowed the students’ $1.5 billion claim as unsecured creditors. 

Education Department to Enforce Obama-era Ban on Mandatory Arbitration | Politico Pro

The Education Department said on Friday that it will begin enforcing an Obama-era ban on colleges using mandatory arbitration agreements, after a federal judge last fall thwarted the Trump administration’s efforts to stop the policy.

Read More

My Student Loan Truth: Rick’s WyoTech Story | Blog

This month we interviewed Rick Dobashi, who attended Corinthian-owned WyoTech in San Jose, California from 2011-2013. Rick is part of our class action case Calvillo Manriquez v. DeVos, which represents students who were cheated by Corinthian Colleges (WyoTech, Heald, and Everest). 

What Really Happened at ITT: Jorge Villalba in His Own Words

This month we interviewed Jorge Villalba, a former ITT Tech student and named plaintiff in the Project’s ITT case.  After being cheated by ITT and struggling with massive debt from the school for years, Jorge finally had his loans discharged.

Dept. of Education to Cancel $150 Million in Student Loan Debt | NBC News

The U.S. Department of Education announced Thursday it would automatically cancel $150 million in student loans connected to for-profit colleges that closed in recent years. The move was made under an Obama-era policy that a federal judge in October essentially forced U.S. Secretary of Education Betsy DeVos to implement. The story was first reported by Politico.

Read More

Former ITT Tech Students Get $600M in Debt Relief from Bankruptcy Judge | Indianapolis Business Journal

While the bankruptcy fight over failed for-profit educator ITT Educational Services continues, the biggest group involved in the legal battle has scored a big victory. In late November, a federal bankruptcy judge in Indianapolis gave final approval to a $600 million settlement that will affect about 750,000 former students of ITT Technical Institute.

Read More

Update | ITT Students’ $1.5 Billion Bankruptcy Settlement Approved by Judge

On Wednesday, November 28, the judge in the ITT bankruptcy case gave final approval to the settlement between the student class and the estate of ITT. The settlement is a big victory for former ITT students who were defrauded by the school and provides important relief.

My Future Was Stolen By A Corporation: An ITT Student Story

The author, Lorenzo Boyland, is a former student of the for-profit ITT Technical Institute campus in Cordova, TN and resides in Mississippi.   My future was stolen by a corporation. Now, I’m left waiting for justice. There are thousands who could tell a similar story. This is mine. When I graduated high school, I joined…

ITT Tech Students Score Victory in Bankruptcy Settlement | Washington Post

As creditors of ITT Educational Services fight over the remaining assets of the defunct for-profit college operator, one group has secured a significant victory in the bankruptcy proceedings: former students. On Wednesday, a federal judge gave final approval to a settlement that will erase nearly $600 million that 750,000 students owed ITT Technical Institute. The agreement, which was first announced in January, will also refund $3 million that students paid the for-profit chain.

Read More

Despite the Economic Recovery, Student Debtors’ ‘Monster in the Closet’ has Only Worsened | CNBC

In many ways, Daniel Strong is happy with his life. He owns a three-bedroom ranch-style house in Charlottesville, Virginia, where he lives with his wife and 3-year-old son, Benjamin. He recently made the last payment on his silver, Toyota Tacoma. He likes his job.

Read More