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2022 Delivers Historic Wins for Student Borrowers | Blog
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2022 Delivers Historic Wins for Student Borrowers | Blog

It has been a historic year for PPSL and our clients, with big changes for our organization and even bigger wins for student borrowers. These massive victories are the result of years of dedication from our clients, who never gave up hope or backed down.

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5 Key Takeaways from the New Borrower Defense Regulations
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5 Key Takeaways from the New Borrower Defense Regulations

The final Borrower Defense rule published by the Department of Education on Monday, October 31, which is set to take effect on July 1, 2023, reflects many of the issues we’ve advanced through our litigation, strengthening protections for borrowers and adding needed safeguards to the federal student lending process.  Here is PPSL’s take on how the new Borrower Defense (BD) rule will help borrowers.

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Student borrowers are keeping the pressure up in 2022 | Blog
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Student borrowers are keeping the pressure up in 2022 | Blog

In just three months of 2022, we’ve seen notable progress in the fight towards holding predatory for-profit colleges and those who enable them accountable. From a scathing report detailing ITT’s decades of wrongdoing, to students in Sweet v. Cardona calling out the growing borrower defense backlog, borrowers are not letting up and keeping the pressure on the Education Department’s arbitrarily long and winding road to justice.

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Myrna Figueroa's NegReg Comments | Blog
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Myrna Figueroa's NegReg Comments | Blog

The following is a transcript from the Department of Education's Negotiated Rulemaking session on January 18, 2022. During the public comment period, students are encouraged to share their comments on their experiences. Here is Myrna's story.

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Student Loan Truth: The Real Heroes of NegReg
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Student Loan Truth: The Real Heroes of NegReg

On October 4-8, the Department of Education held their second Negotiation Rulemaking, or NegReg, session of the year. This year, the broken borrower defense process is one of the top areas of discussion, and the Department of Education refused to include the very students who experience this process firsthand.

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Advocates and Borrowers Raise Significant Concerns as ED Declines to Name For-Profit College Borrowers to Rulemaking Committee on Borrower Defense | Press Release
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Advocates and Borrowers Raise Significant Concerns as ED Declines to Name For-Profit College Borrowers to Rulemaking Committee on Borrower Defense | Press Release

The Project on Predatory Student Lending today raised significant concerns that the U.S. Department of Education has failed to select any former for-profit college borrowers for its negotiated rulemaking committee, including rejecting a nominee with the support of more than 1,200 former for-profit college students – the very people who have been most significantly harmed by the broken borrower defense process.

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