Education Department’s Student Loan Discharges Represent Only 6% of Unresolved Borrower Defense Claims | Press Release
Today, the U.S. Department of Education announced that it will cancel $415 million in federal student loans for approximately 16,000 borrowers, including former students of the for-profit colleges ITT Tech, Corinthian Colleges, DeVry University, Westwood College, Marinello Schools of Beauty, and Minnesota School of Business/Globe University. The Department described its findings as “instances in which students were misled into loans at institutions or programs that could not deliver what they’d promised.”
Student Borrowers Harmed by Dept. of Education’s Unlawful Partial Relief Scheme Drop Lawsuit After Dept. Abandons Policy | Press Release
Student borrowers in the class action lawsuit Pratt v. Cardona (previously Pratt v. DeVos) today moved to voluntarily dismiss the lawsuit, after the U.S. Department of Education agreed in March 2021 to end the previous administration’s unlawful partial relief policy for adjudicating borrower defense applications. T
Statement on Extended Closed School Discharges for ITT Borrowers | Press Release
Today, the U.S. Department of Education announced that it will make $1.1 billion in closed school discharges available to an additional 115,000 borrowers who attended the now-defunct ITT Technical Institute (ITT). According to the Department, this segment of borrowers includes those who did not complete their degree or credential and left ITT on or after March 31, 2008.
Biden Administration Can Cancel Student Debt On Day One | Press Release
As President-elect Joe Biden and Vice President-Elect Kamala Harris begin their transition to taking office in January, the Project on Predatory Student Lending is restating the President’s authority to cancel student loan debt for millions of students and families across the country. This action does not require Congress’s approval and can be taken on day one of taking office.
Statement on Senate Resolution to Cancel Student Debt | Press Release
Senate minority leader Chuck Schumer and Senator Elizabeth Warren proposed a Resolution calling on the President to cancel up to $50,000 in federal student loan debt for 43 million Americans. The Senators cite a Project on Predatory Student Lending legal analysis which outlines the President’s legal authority to direct the Secretary of Education to cancel student loan debt.
Judge Orders Secretary DeVos to Completely Cancel Student Loans of all 7,200 Defrauded Corinthian Colleges Students in MA | Press Release
Federal judge orders the Deptartment of Education to cancel the student loans of all 7,200 former Corinthian Colleges students in Massachusetts.
Statement on Legislative Plan to Cancel Fraudulent Corinthian and ITT Student Debt | Press Releases
Senators Durbin, Brown, and Warren, and Congressmembers Takano and Jayapal introduced a legislative plan to completely cancel the loans of borrowers who have long been deemed eligible for borrower defense discharge.
New Data Reveals DeVos Illegally Collected From Additional 17,258 Corinthian Students | Press Release
U.S. Secretary of Education Betsy DeVos revealed that an additional 17,258 student borrowers were illegally collected upon by her Department in direct violation of a court order, more than quadruple the number she had previously disclosed in October.
DeVos Held In Contempt For Illegal Collection of Student Debts | Press Release
U.S. Secretary of Education Betsy DeVos has been held in civil contempt and sanctioned for her illegal collection of student loan debts, a federal judge ruled today.
Former MA Corinthian Students Sue Betsy DeVos for Refusing Attorney General’s Application to Cancel Their Loans | Press Release
Corinthian students file lawsuit to force the U.S. Department of Education to follow the law, grant the AG’s group discharge and stop illegal collections on fraudulent student loans