News
Federal Judge Orders DeVos To Cancel Student Loans For 7,200 Defrauded Students | Forbes
Yesterday, a federal judge ordered Education Secretary Betsy DeVos to cancel the student loans for the 7,200 student borrowers in Massachusetts who attended the now-defunct Corinthian Colleges. Massachusetts Attorney General Maura Healey applied for “borrower defense” on behalf of 7,200 former Corinithian College students as a group application. Borrower defense is the provision that helps defrauded students by giving the Secretary of Education the authority to discharge debt when schools lie and cheat their students.
'Huge Win': Court Orders DeVos to Cancel Loans for Mass. Students Defrauded by Corinthian Colleges | Common Dreams
Advocates for students joined Massachusetts Attorney General Maura Healey in celebration Friday after a federal court in Boston ordered U.S. Education Secretary Betsy DeVos to cancel the loans of 7,200 people in the commonwealth who were defrauded by Corinthian Colleges, a for-profit education company that closed its U.S. campuses in 2015.
Republicans Block Effort To Restore Student Loan Relief | Forbes
Republicans in the House of Representatives have blocked a Democratic-led effort to restore student loan protections to borrowers defrauded by their schools. The Borrower Defense to Repayment program is a student loan forgiveness program originally enacted by the Obama administration to provide student debt relief to students who were misled, defrauded, or otherwise harmed by predatory colleges and universities – often, for-profit schools.
Federal Judge Orders Department of Education to Cancel Loans for 7,200 Students | Boston Globe
A federal judge has ordered US Department of Education Secretary Betsy DeVos to cancel the student loan debt of more than 7,200 Massachusetts students who attended Everest Institute, part of Corinthian Colleges’ defunct national chain of for-profit schools, capping a prolonged legal battle.
Whistleblower: Dept. Of Education Deliberately Thwarted Loan Forgiveness Process | Forbes
A U.S. Department of Education official has filed a whistleblower complaint, alleging that the Trump and DeVos administration deliberately made it harder for student loan borrowers to apply for a loan forgiveness program.
Whistleblower: Education Department Killed Website That Made Applying for Loan Forgiveness Too Easy | U.S. News and World Report
The Trump administration rejected a website that the Education Department's Federal Student Aid office designed to help students who have been defrauded by their colleges apply for loan forgiveness, arguing the tool made the process too easy, according to a whistleblower complaint.
For-Profit Colleges, Long Troubled, See Surge Amid Pandemic | New York Times
In March, as colleges and universities shuttered campuses under a nationwide lockdown, Strayer University updated its website with a simple message: “Great things can happen at home.” Capella University, owned by the same company as Strayer, has run ads promoting its flexibility in “uncertain times” and promising would-be transfer students that they can earn a bachelor’s degree in as little as a year.
'Just Not Right': Defrauded For-Profit College Students Suffer Rejected Relief Claims | Yahoo Finance
The Education Department (ED) is rejecting borrower defense claims of defrauded victims of predatory for-profit colleges, according to letters and emails received by three applicants who told their stories to Yahoo Finance. Three former students of the now-defunct ITT Tech told Yahoo Finance that their applications to have their student loan debt discharged under a “borrower defense” rule from the 1990s had been rejected.
Scammed Borrowers Sue Betsy DeVos, Alleging She Illegally Limited Student-Loan Cancellation | Market Watch
Students who’ve been scammed by their schools are being illegally cheated again — this time out of the loan cancellation that they’re entitled to, a new lawsuit alleges. A group of student-loan borrowers filed a class-action lawsuit Tuesday accusing Secretary of Education Betsy DeVos and her department of illegally limiting the amount of relief student-loan borrowers who were misled by their schools receive.
Student Loan Borrowers Sue DeVos To Overturn Loan Forgiveness Rule | Forbes
Student loan borrowers have filed a new lawsuit against Education Secretary Betsy DeVos. The lawsuit concerns the Borrower Defense to Repayment program. This loan forgiveness program was originally enacted by the Obama administration to provide student debt relief to students who were misled, defrauded, or otherwise harmed by predatory colleges and universities.