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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.

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.

Two Key Hearings Scheduled for Monday on Department of Education’s Illegal Attempts to Deny Relief to Former Corinthian Students | Press Release

Two Cases Involve Department’s Abuse of Former Corinthian Students and its Refusal to Discharge Their Debt BOSTON – There are two major court hearings scheduled for Monday involving the Department of Education’s abuse of former Corinthian students and its insistence on continuing to collect on the debts of the defrauded students. The two cases are…