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Statement from from the Project on Predatory Student Lending on CFPB’s New Report on Student Loan Servicers
The Project on Predatory Student Lending (PPSL), the leading legal organization representing student borrowers against predatory for-profit colleges, issued the following statement on the Consumer Financial Protection Bureau (CFPB) report on private student loan servicers.
Celebrating Giving Tuesday: "I am more free today because of your work"
At PPSL, nothing inspires us more than hearing from people whose fraudulent student loans have been cancelled because of our litigation. Our team is incredibly moved when people reach out to share the impact in their own words – and this Giving Tuesday, we wanted to share a few stories that remind us why we do this work.
Student Loan Forgiveness Stalls For 145,000 Borrowers As Biden Administration Winds Down | Forbes
Student loan forgiveness processing appears to have stalled for tens of thousands of borrowers under a key debt relief program.
Fighting for Borrowers: A Post-Election Update from PPSL
PPSL’s President and Executive Director, Eileen Connor shares words of encouragement and resolve in this video, addressing a critical moment for borrowers.
What’s at stake for student loan borrowers during the next Trump administration | CNN
“We don’t think that can be clawed back under the law. We don’t think it should be clawed back, of course, but we’re ready to defend those discharges,” said Eileen Connor, president and director of the Project on Predatory Student Lending, which represents borrowers defrauded by their colleges.
PPSL Launches New Community Action Council for Borrower Advocates
People who have impacted by predatory practices in higher education are encouraged to apply for a unique opportunity to help drive change and protect borrowers’ rights.
STATEMENT from the Project on Predatory Student Lending in response to President-elect Donald Trump’s selection of Linda McMahon as Secretary of Education
Higher education is central to the American Dream – the belief that anyone can work hard, go to college, and create a better future for themselves and their family – but our current system has created a nightmare scenario for many Americans, by treating students as profit centers and allowing predatory actors to thrive with little to no accountability. Now more than ever, we need someone leading the Department of Education who will take this role seriously and work to restore people's faith in a system that has consistently let them down.
What the Republican trifecta could mean for student loan borrowers | The Washington Post
“The past four years have been filled with highs and lows for federal student loan borrowers, as nearly 5 million have benefited from $175 billion in debt cancellation provided by President Joe Biden and others have watched their prospects for relief ensnared by litigation. The next four years could be just as tumultuous with Republicans controlling both chambers of Congress and the White House.”
Their student loans should have been canceled already. Now they fear it won’t happen under Trump. | MarketWatch
“It shouldn’t be part of the legacy of [the Biden] administration that people continue to pay these debts when it’s acknowledged that they’re the product of this consumer fraud,” said Eileen Connor, the director of the Project on Predatory Student Lending, which represents former students of for-profit colleges in court.
PPSL Files Amicus Brief to SCOTUS in Support of Department of Education’s Petition
Fifth Circuit decision on borrower defense case threatens existing student borrower protections nationwide.