News
Student Borrowers File Opposition to Motion to Delay Relief in $6 Billion Borrower Defense Settlement
Student borrowers in the class action lawsuit Sweet v. Cardona today filed an opposition to the motion to stay settlement relief filed by schools attempting to block the landmark borrower defense settlement with the US Department of Education.
UPDATE: Schools Continue to Delay Approved Settlement Relief for Student Borrowers
At a status conference in the class action lawsuit Sweet v. Cardona, Judge William Alsup addressed the schedule for the motion to stay settlement relief pending appeals of the landmark borrower defense settlement, setting a hearing date on the motion for February 15, 2023.
Nursing Students Sue Florida For-Profit School, HCI College, for Deceitful Scheme to Block Students From Taking Licensing Exam and Trap Them in Debt
A group of nursing students at Florida’s HCI College (formerly Health Career Institute) filed a lawsuit against the for-profit school today for a deliberate scheme to block 95% of students from graduating and taking the RN licensing exam (NCLEX) and for misrepresenting its accreditation status and NCLEX passage rates.
Student Borrowers Win Final Approval of Settlement to Cancel Over $6 Billion in Loans for 200,000 Borrowers
Student borrowers today won final approval of a settlement with the US Department of Education in the class action lawsuit Sweet v. Cardona. The agreement, which received preliminary approval on August 4, 2022, states that the Department will immediately cancel at least $6 billion in student loans for approximately 200,000 individuals with pending borrower defense applications.
Student Borrowers Ask Court for Final Approval of Settlement to Cancel Over $6 Billion in Loans for 200,000 Borrowers
Student borrowers filed a joint motion for final approval of a settlement with the US Department of Education today in the class action lawsuit Sweet v. Cardona.
In Major Victory, ITT Students Secure Full Debt Cancellation | Press Release
In another major victory for defrauded former for-profit college students, today, the U.S. Department of Education announced that it would fully discharge all remaining federal student loans for borrowers who attended ITT Technical Institute (ITT) from January 1, 2005, through its closure in September 2016. All told, this means 208,000 borrowers will receive $3.9 billion in full loan discharges.
Judge Grants Preliminary Approval of Borrower Defense Settlement in Sweet v. Cardona
On Thursday, August 4, Judge William Alsup granted preliminary approval of the proposed joint settlement in the lawsuit Sweet v. Cardona. Upon final court approval, the settlement will immediately cancel at least $6 billion in federal student loans for approximately 200,000 individuals.
Hearing Scheduled for Thursday in Sweet v. Cardona on Borrower Defense Settlement
On Thursday, August 4, Judge William Alsup will hold a hearing on preliminary approval and intervention in the lawsuit Sweet v. Cardona, regarding the proposed joint settlement agreement and colleges’ motions to intervene in the settlement. Upon final court approval, the settlement will immediately cancel at least $6 billion in federal student loans for approximately 200,000 individuals.
The Project on Predatory Student Lending Relaunches as Independent, Nonprofit Organization
The Project, which has grown to represent over one million student borrowers, will officially spin-off from the Legal Services Center at Harvard Law School on August 1st.
Student Borrowers Respond to Institutions’ Attempts to Intervene in Borrower Defense Settlement | Press Release
Student borrowers filed a brief in the lawsuit Sweet v. Cardona, in response to colleges’ motions to intervene in the proposed joint settlement agreement that, upon court approval, will immediately approve the borrower defense applications of approximately 200,000 individuals and cancel at least $6 billion in federal student loans.