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.”
ADVISORY: Hearing Scheduled for Wednesday on Deposition of Former Education Secretary Betsy DeVos
Student borrowers on Wednesday will argue in a federal appeals court hearing that a subpoena to depose former Education Secretary Betsy DeVos in the class action lawsuit Sweet v. Cardona (formerly Sweet v. DeVos) must proceed.
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
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.
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.
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.