Update | Judge Rules for Project’s Clients; Strikes Down Department of Education Illegal Delay of 2016 Borrower Defense Rule
In another major rebuke to DeVos, the Project wins Bauer v. DeVos case Judge rules that the Department of Education’s delays in implementing 2016 borrower defense rule were illegal and caused serious harm to borrowers In a victory for student borrowers, and another massive rebuke to Betsy DeVos, a court this week ruled that…
Update | Comments on Borrower Defense Call Out Betsy DeVos’ Lies
Public comments from leaders across the country cite the Project’s revelation that the proposed borrower defense rule is based on fundamental lies The public comment period for the Department of Education’s proposed new Borrower Defense rule came to a close this week, ending the thirty-day window in which the public had the opportunity to…
Update | Resignation of Seth Frotman Reinforces The Trump Administration’s Failure To Protect Student Borrowers And Taxpayers
Today, Seth Frotman, the student loan ombudsman at the Consumer Financial Protection Bureau, announced his resignation in a letter stating that the bureau has “abandoned the very consumers it is tasked by Congress with protecting.” The Consumer Financial Protection Bureau can play an important role in protecting student borrowers, having helped hold predatory schools like…
Update | Delay. Delay. Delay. The Department of Education Appeals Preliminary Injunction Order and Moves to Stay Litigation Pending Appeal: What it Means and What Happens Next?
On May 25, 2018, a federal court in San Francisco granted former Corinthian borrowers’ motion for a preliminary injunction in Calvillo Manriquez v. DeVos, ordering the Department of Education to stop using its “average rulings rule” immediately, and to stop collecting the loans of certain Corinthian borrowers.
Update | Project on Predatory Student Lending Partners with Lawyers’ Committee on Harvard Law Review Blog Post
Toby Merrill, Eileen Connor, and Josh Rovenger from the Project on Predatory Student Lending recently partnered with Brenda Shum and Genevieve Bonadies at the Lawyers’ Committee for Civil Rights Under Law on a blog post for the Harvard Law Review Blog.
Update | Department of Education’s Proposed New Borrower Defense Rule Enables Predatory For-Profit Colleges And Harms Students
Today, the Department of Education proposed a new borrower defense rule that strips away borrower rights, encourages the predatory behaviors of bad actors in higher education, and once again, benefits the for-profit college industry instead of students.
Update | Information About Art Institutes Closures and Bankruptcies
Posted July 4, updated July 13, 2018 The Project on Predatory Student Lending is monitoring Dream Center’s recently-announced closure of 30 of the Art Institutes, Argosy University, and South University campuses that it owns and operates. We will update this page with the most current information available to us about the closures, the school’s previous…
Update | Injunction Against Department of Education: What it Means and What Happens Next
On May 25, 2018, a federal court in San Francisco granted our motion for a preliminary injunction, ordering the Department of Education to stop using its “average rulings rule” immediately, and to stop collecting the loans of certain Corinthian borrowers.
Update | Project on Predatory Student Lending Hiring a Racial Justice Fellow
The Project on Predatory Student Lending is excited to announce a one-year fellowship! The racial justice fellow will develop cutting-edge litigation to combat the discriminatory efforts of current higher education policies, and lead outreach efforts by engaging with existing clients and community partners and forging new partnerships with communities impacted by the predatory for-profit industry. For…
Update | When Student Debt is Not Only Predatory, But Racist
Predatory colleges exploit the promise of higher education by targeting African Americans and people of color with lies and deceptive marketing tactics. An ad used to run on daytime TV: a young woman of color is talking about how she “has a young child” and needs to “hold down the household.” But this didn’t stop…