News
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.
My Journey to Sweet Relief: “Know Your Rights, and Never Stop Fighting for Them.” | Blog
As the named plaintiff in Sweet v. Cardona, Theresa Sweet has been in the fight for justice since the very beginning. Upon learning about our proposed settlement with the Department of Education, she had a lot to say. Read about Theresa's journey to #sweetrelief.
How Corinthian Students Won a $6B Loan Cancellation Battle | Blog
For over seven years, these borrowers fought tirelessly to Cancel Corinthian. Last week, VP Harris joined the Department of Education to finally announce that it would cancel all federal student loans from Corinthian Colleges — relieving more than 560,000 student borrowers of over $5.8 billion in Corinthian debt.
In Case You Missed It: A National Spotlight On ITT’s Fraud and Abuse | Blog
Just last week, Senator Dick Durbin of Illinois used his time on the Senate floor to bring the “Dreams Destroyed” report before his Congressional colleagues.
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.
Student Loan Truth: Gainful Employment Not Guaranteed | Blog
One topic that came up again and again during the Department of Education’s February Negotiated Rulemaking sessions was gainful employment of for-profit college graduates – or the lack thereof.
How the Arbitrary Borrower Defense Process Failed These Student Borrowers | Blog
It’s no secret that the Department of Education has repeatedly let defrauded student borrowers down. Part of the problem is the arbitrary borrower defense process the Department of Education has used to determine who gets relief and who doesn’t. Take Jen and Debi – two borrowers with almost identical stories who both applied for borrower defense, but only one got her loans cancelled.
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.
A $30 Billion Predatory Industry
For decades, the predatory for-profit college industry has exploited the promise of higher education. Instead of providing the quality programs promised, these companies invest almost no money into meaningful career training, leaving thousands of students behind. Meanwhile for-profit colleges are among the most heavily tax subsidized of any private sector, taking more than $30 billion in taxpayer money each year in the form of federal student aid. The Project’s landmark cases expose these broken systems, enforce students’ rights, and will ultimately prevent this predatory industry from cheating students and taxpayers.
Year in Review: 2021 Brings Big Wins and New Battles for Defrauded Borrowers | Blog
2021 ushered in a new Presidential administration and promises of long-awaited justice for defrauded borrowers. We are thrilled to share our clients’ hard-fought victories of loan cancellation, yet the fight is not over for tens of thousands of clients still waiting.