News
Biden Debt Relief For Ripped-Off Art Institutes Students Is A Big Step. More Is Needed. | Republic Report
In a statement issued last week, the Project on Predatory Student Lending, which represents students abused by for-profit schools, explained well the private loan dimension to the EDMC scam: “EDMC … partnered with Sallie Mae (now known as Navient), to convince AI borrowers to take out private student loans to augment their federal student loans.”
Court Extends Student Loan Forgiveness Deadline As Borrowers Await Relief Under Settlement | Forbes
“Class Members are suffering serious, ongoing harm” due to the department’s failures, wrote the Project in its motion. Attorneys noted that borrowers were expecting to receive the settlement relief by January so that they could “pay for life necessities” such as healthcare or buying a car.
$6 Billion Student Loan Forgiveness Settlement Delayed As Group Seeks Court Intervention | Forbes
“This is an extraordinary failure by the Biden-Harris administration to comply with a settlement that impacts hundreds of thousands of people,” said Eileen Connor, President and Director of the Project on Predatory Student Lending, on Tuesday.
Biden promised 55,000 borrowers student-debt relief by January. They didn’t get it — and are heading to court. | MarketWatch
Some 195,000 borrowers scammed by their schools were supposed to have their debt wiped out by Jan. 28. Tens of thousands are still waiting.
Borrowers in major student loan relief lawsuit ask court to intervene to waive their debts | USA Today
The federal government says it "deeply regrets" the delay in fulfilling its end of the settlement agreement in Sweet v. Cardona, a $6 billion student debt relief case.
Borrowers ask judge to enforce $6 billion student loan settlement | Washington Post
The Biden administration is flouting a court-ordered deadline to cancel the student loans of people defrauded by their colleges, attorneys for the students say.
University of Phoenix has been bad for its students. Trust us. We know all about it | Idaho Statesman Opinion
At the Project on Predatory Student Lending, we represent more than one million student borrowers who were defrauded by for-profit schools, including many who attended the University of Phoenix. We have direct experience with the harm these schools cause, and the short-sighted efforts by public and private institutions of higher education to improve their bottom lines with dubious for-profit partnerships.
The Biden administration owes student debt relief to thousands. Many haven't seen it yet. | USA Today
The Biden administration may be in breach of a court settlement, plaintiffs say, after officials missed a key deadline to dole out student loan relief to duped borrowers.
Navient distanced itself from a controversial student-loan portfolio. Meanwhile, borrowers can’t escape. | MarketWatch
The company is transferring servicing of a batch of private loans to MOHELA, which has been dogged by complaints in recent months.
Colleges Confounded by Flood of Borrower-Defense Claims | Inside Higher Ed
In the borrower-defense program, the agency can grant relief if students were misled about their educational program or loan by their institution and harmed by it.