The Biden Administration’s DOJ Continues to Shield DeVos in Borrower Defense Proceeding | Press Release
Student borrowers in the lawsuit Sweet v. Cardona (formerly Sweet v. DeVos) on Monday filed a response to a court request asking whether the issue of deposing former Education Secretary Betsy DeVos should be reheard “en banc” in the Ninth Circuit Court of Appeals. If granted, a panel of judges in the Ninth Circuit would reconsider whether Plaintiffs will be allowed to depose former Secretary DeVos about her knowledge surrounding the Department of Education’s long-delayed borrower defense process.
Statement On Navient Settlement Cancelling $1.85 Billion in Predatory Student Debt | Press Release
Today, Massachusetts Attorney General Maura Healey, joined by a coalition of 38 attorneys general, announced a settlement with private student loan lender Navient. Under the settlement, Navient will provide relief totaling $1.85 billion to resolve allegations of widespread unfair and deceptive student loan servicing practices and abuses in originating predatory student loans.
Congress Urged To Stop Propping Up Fraudulent For-Profit Colleges With Federal Pell Grants | Press Release
As part of President Biden’s Build Back Better framework, Democrats in Congress have proposed restricting for-profit colleges from receiving federal funds in the form of Pell Grant awards, a student aid program for those with significant financial need. “Congress should no longer prop this fraudulent industry up with taxpayer funds…that are supposed to help the lowest income students.”
Updated Complaint: Education Department Officials Secretly Rigged Process to Deny Borrower Defense Applications for Debt Relief | Press Release
New evidence unveiled in lawsuit Sweet v. Cardona shows a sham process set up to deny defrauded borrowers debt relief regardless of the merits of their application.
Statement on Education Department Rescinding Partial Relief Policy | Press Release
Today, the Department of Education rescinded its second partial relief policy. Its first was enjoined by a federal court in Calvillo Manriquez v. DeVos. This second policy has been challenged in Pratt v. DeVos. This policy was layered on top of the harmful 2019 borrower defense rules, and its repeal does not affect those rules.
Project Urges Secretary Cardona to Cancel Debts of For-Profit College Students Immediately | Press Release
The Project is asks newly-confirmed United States Education Secretary Miguel Cardona to cancel the debts of hundreds of thousands of former for-profit college students under his existing authority immediately.
“A new day for student borrowers”: Statement on Biden-Harris Reported Nomination of Miguel Cardona For Secretary of Education | Press Release
Today, it has been announced that President-Elect Joe Biden and Vice President-Elect Kamala Harris would nominate Miguel Cardona to serve as the Secretary of Education.
Florida For-Profit Colleges Sued for Selling Predatory Product and Targeting Black Students | Press Release
A class action was filed against Florida-based for-profit college chain, Florida Career College (FCC), for selling a predatory product using false representations and high-pressure sales tactics that leave students in mountains of debt they cannot repay and systematically targeting Black students.
“COVID College Cons” Series Exposes Predatory For-Profit Colleges Targeting Students During COVID-19 Crisis | Press Release
A new series of articles called “COVID College Cons” launched by Republic Report and the Project on Predatory Student Lending to expose the predatory tactics that for-profit colleges are using right now to scam students in the midst of an economic and public health crisis. The purpose of this series is to warn the public about the schemes and help protect them from fraud.
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.