Press Releases

PPSL Praises Warren, Clyburn Student Debt Bill, Urges Immediate Action to Cancel Debts Of For-Profit College Students | Press Release

“Student loan debt is one of the biggest challenges our country faces, threatening to hold back an entire generation. Today’s bill is a bold step to solve the unsustainable debt-financed higher education system and help the millions of students left in its wake.”

NEW DATA: 96% of Students Defrauded by For-Profit Colleges Report their Lives are Worse Now than Before they Went to School | Press Release

Nearly 900 Former For-Profit College Students Submitted Testimony Explaining the Harsh Impact of Federal Student Loan Debt on their Lives.

Statement On Repeal of Gainful Employment Rule | Press Release

Late on Friday afternoon, Education Secretary Betsy DeVos announced that the U.S. Department of Education would repeal the “gainful employment” rule, which holds for-profit colleges accountable for the false job placement rates that they use to mislead students.

In Less than 24 Hours, More than 200 Students Submit Testimony In Lawsuit Against DeVos & Department of Education | Press Release

In less than 24 hours, more than 200 former students who were defrauded by abusive for-profit colleges and are seeking debt relief have already submitted testimony to be used as part of a new lawsuit filed yesterday.

For-Profit College Students File Lawsuit to Force Betsy DeVos to Follow the Law and Cancel their Student Loan Debt | Press Release

Today, 158,110 defrauded former for-profit college students filed a lawsuit against the U.S. Department of Education and Secretary Betsy DeVos seeking to force the agency to follow existing law and issue the debt relief to which the former students are entitled.

Statement On Senator Warren’s Plan For Student Debt Cancellation

BOSTON – On Monday, Senator Elizabeth Warren announced her plan for “universal free public college and cancellation of student loan debt.”   The following is a statement from Toby Merrill, Director of the Project on Predatory Student Lending. “Senator Warren’s plan to eliminate the debts of millions of former students is the right path for America and we…

“Now is a Time for More Scrutiny, Not Less” | Press Release

It’s important to remember that the Department did not choose to implement the critical Borrower Defense protections; these actions are required as a result of students’ court victory in the Bauer case.

Corinthian Executives Get Slap On the Wrist With SEC Fines | Press Release

The SEC has filed and settled claims against former executives of Corinthian Colleges. Meanwhile, nearly four years after Corinthian Colleges shut down, thousands of former students continue to struggle with massive sums of fraudulent debts from the college.

Department of Education Appeals Court Ruling in Attempt to Deny Debt Cancellation to Cheated Corinthian Students | Press Release

Thousands of former Corinthian students are eligible for debt cancellation. With its latest appeal, the Department of Education continues to resist doing the right thing.

Department of Education’s Plan to Redo Rule that Protects Students Harmed by Illegal School Conduct Falls Short | Press Release

Boston – Today, the Department of Education (Department) announced during its Negotiated Rulemaking session that it intends to redo its July 2018 proposal to revise the borrower defense rule, but indicated it will do so without complying with the statutory requirement to conduct a formal rulemaking proceeding and convene a committee of stakeholders. The borrower…