News
What the Latest Student Debt Announcement from The Department of Education Means for Defrauded Borrowers | Blog
On March 18, 2021, the Department announced full debt cancellation for borrowers with partial relief decisions on their borrower defense applications. More than 90% of borrower defense applicants are not affected by the Education Department’s partial relief announcement because their applications were denied or because they are still waiting for a decision. Here’s what that means.
How COVID-19 Has Impacted Thousands of Defrauded Student Borrowers | Blog
The COVID-19 pandemic has caused unprecedented economic vulnerability for millions of people across the country. For student borrowers who have been defrauded by for-profit colleges, this struggle has only been exacerbated.
Dear Secretary Cardona: Cancel For-Profit College Debt Now | Blog
The government has a legal obligation to cancel the debts of our clients, students defrauded by predatory for-profit colleges, and they cannot afford to wait any longer. That’s why we wrote a letter to President Biden’s recently confirmed Education Secretary Miguel Cardona, outlining his authority and obligation to take three immediate actions to finally provide justice for students who were harmed by this industry.
Student Loan Truth: Blake’s Art Institute Story | Blog
After personal loss made him take another look at his life, Blake Baron decided to invest in his future and pursue a degree in graphic design at the Art Institute. But he quickly realized that the time he invested in the program and the money he was spending wasn’t worth the terrible education he was getting. Even after leaving the school without a degree, he still owes over $30,000 in federal loans.
Impactful, Human, Rooted In People: How Advocates Work with the Media to Get Client Stories Told | Blog
The Project on Predatory Student Lending joined a panel discussion to take a deeper look into how advocates can work with the media to get their stories in front of the public.
How Are Corinthian Students Still Waiting for Justice? | Blog
On Inauguration Day, tens of thousands of defrauded Corinthian Colleges borrowers will have spanned three different presidential administrations while waiting for their fraudulent debts to be cancelled. It’s been five years since the Department made this promise – and five years that borrowers, elected officials and advocates have been demanding the immediate cancellation of these debts – yet former Corinthian students remain in limbo, uncertain of what to expect next.
“We’re Not Taking This Lying Down” Jen’s Student Loan Truth | Blog
As a first generation Latina and the first in her family to go to college, Jennifer Lezan thought she was working toward a better future when she attended the Art Institute in Chicago in 2006. She never imagined that nearly 15 years later, she’d be fighting back against a massive student debt burden after attending the notorious predatory for-profit school.
Panel Event Shows One Thing is Clear: We Must Deliver on Debt Relief for Defrauded Borrowers | Blog
Last week, the Project on Predatory Student Lending participated in an event with the Student Borrower Protection Center and Demos dedicated to the findings of a new report, Delivering on Debt Relief: Proposals, Ideas, and Actions to Cancel Student Debt on Day One and Beyond.