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Student Borrowers Ask Court to Allow Deposition of Betsy DeVos on Borrower Defense | Press Release

Student borrowers today moved to depose former Education Secretary Betsy DeVos in the class action lawsuit Sweet v. DeVos. The borrowers want DeVos to explain the reasoning for delays in processing the borrower defense claims.

Statement on Resignation of Education Secretary Betsy DeVos

Our statement regarding Secretary DeVos’ resignation from Project on Predatory Student Lending Director Toby Merrill

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.

Borrowers Seek to Hold Secretary DeVos in Contempt of Court for Refusing to Decide Borrower Defense Application | Press Release

Student borrowers filed a motion to hold Secretary of Education Betsy DeVos in contempt of court for failing to comply with an order to decide the borrower defense application filed by the Massachusetts Attorney General on behalf of approximately 7,200 former Corinthian Colleges students in Massachusetts.

Student Borrowers to Judge: Department of Education Can’t be Trusted to Process Borrower Defense Claims Fairly | Press Release

A federal judge today heard from student borrowers at a fairness hearing on the proposed settlement between students and the United States Department of Education that forces the Department to process all pending borrower defense claims.

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.

Congress Fails To Override Trump’s Veto on Secretary DeVos’ Devastating New Borrower Defense Rule | Press Release

U.S. House of Representatives failed to override President Trump’s veto of bipartisan legislation that would overturn the devasting DeVos borrower defense rule. The rule eliminates vital protections for student borrowers and imposes nearly impossible standards for students defrauded by predatory schools to assert their rights to loan cancellation.

Congress Rejects DeVos’ Borrower Defense Rollback | Press Release

In a rare bipartisan vote, the Senate rebuked Secretary DeVos by voting to overturn the 2019 borrower defense rule. This resolution would leave the 2016 borrower defense rule in place and prohibit the Department from attempting to make new borrower defense regulations.

Student Advocates Challenge DeVos’ Borrower Defense Rule | Press Release

Student advocates filed suit today to invalidate the U.S. Department of Education’s new borrower defense rules, which reverse vital protections from predatory schools and impose onerous standards and procedural hurdles for defrauded students seeking to assert their legal rights to cancel loans.

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.