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Education Dept. begins forgiving some student loans after $6B settlement | Washington Post
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Education Dept. begins forgiving some student loans after $6B settlement | Washington Post

“Now, hundreds of thousands of people and families who have been held hostage by the borrower defense process for so long will finally receive a fair resolution and the justice they are owed,” said Eileen Connor, director of the Project on Predatory Student Lending, a group representing the borrowers. “This decision delivers a massive, long-overdue victory for our clients and validates the fact that this settlement is on solid legal ground.”

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Court Allows Student Loan Forgiveness To Mostly Proceed Under Settlement After Challenge | Forbes
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Court Allows Student Loan Forgiveness To Mostly Proceed Under Settlement After Challenge | Forbes

“This decision delivers a massive, long-overdue victory for our clients and validates the fact that this settlement is on solid legal ground,” said Eileen Connor, President and Director of the Project on Predatory Student Lending — the organization representing the class of student loan borrowers — in a statement. “Now, hundreds of thousands of people and families who have been held hostage by the borrower defense process for so long will finally receive a fair resolution and the justice they are owed.”

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What Advocates Want in the Education Department’s List of Low-Value College Programs | Best Colleges
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What Advocates Want in the Education Department’s List of Low-Value College Programs | Best Colleges

Joint comments from the National Student Legal Defense Network and the Project on Predatory Student Lending make the case that ED's time would be better spent holding these schools accountable, not just putting them on a list. Any such list of low-value programs would be overshadowed by the fact that Federal Student Aid (FSA) allows students enrolled in these programs to access federal financial aid.

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Elizabeth Warren and Bernie Sanders want 'immediate action' to implement a rule … | Business Insider
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Elizabeth Warren and Bernie Sanders want 'immediate action' to implement a rule … | Business Insider

The Project on Predatory Student Lending and Student Defense — two borrower advocacy groups — submitted a comment to the Education Department last week, saying that “if programs are of little or no value to students or the public, there is little reason to either encourage student investment of time and money or commit taxpayer funds to support the institution.”

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200,000 student-loan borrowers will be 'severely harmed' … | Business Insider
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200,000 student-loan borrowers will be 'severely harmed' … | Business Insider

Alsup is set to take up the issue of granting a stay on February 15. Eileen Connor, president and director of the Project on Predatory Student Lending, which represents the borrowers in the case, said in a statement that "each day that justice is delayed means additional harm for borrowers and their families who have already been forced to wait years for a resolution.”

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