Student Borrower Advocates Ask Education Department to Cancel 25+-Year-Old Debts from Closed For-Profit Colleges | Press Release
Student borrower advocates submitted a group closed school discharge request today to the U.S. Department of Education on behalf of all student borrowers, including their clients, who attended a for-profit school listed in the Department’s official closed school search file with a closure date prior to January 1, 1994. Due to the timing of their loans, these borrowers lack access to alternative borrower defense rights to cancel their 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.”
7,200 Borrowers Cheated by Corinthian Colleges to Finally Secure Debt Relief as Education Department Drops Legal Appeal | Press Release
Former for-profit college students today secured a long-awaited victory as the U.S. Department of Education filed a motion dropping its appeal in Vara v. Cardona (formerly Vara v. DeVos) and will comply with a federal court order to grant the Massachusetts Attorney General’s borrower defense application on behalf of 7,200 borrowers who attended Massachusetts Everest schools, which were part of the Corinthian Colleges chain. The decision sets the precedent that group borrower defense applications filed by state attorneys general on behalf of defrauded borrowers are valid and must be decided by the Department.
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.
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.
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.
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.
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
Project on Predatory Student Lending Statement on Education Department’s Processing of Automatic Closed School Discharges For Former ITT Students | Press Release
The Project on Predatory Student Lending today issued the following statement after the U.S. Department of Education confirmed it has finally begun to process automatic closed school loan discharges for a select group of former students of the predatory for-profit college, ITT Tech.
Judge Declares Department of Education’s Seizure of Corinthian Colleges Borrowers’ Tax Refunds Illegal | Press Release
A federal judge ruled that the Department of Education illegally took the tax refunds of two former Corinthian College students to pay their student loans, without addressing the assertion that these loans are fraudulent and unenforceable. Now, the Department may not take their tax refunds unless and until it makes a reasoned decision about the assertions of fraud.