News
A First Move on Borrower Defense | Inside Higher Ed
The Education Department announced yesterday that students who were cheated by for-profit institutions and previously granted partial relief on their direct federal loans will now be granted full relief.
Students: DeVos’s Dept. Of Education Deliberately Thwarted Student Loan Forgiveness Program | Forbes
In new court documents filed today, student loan borrowers in an ongoing class action lawsuit against the U.S. Department of Education accused officials acting under former Secretary Betsy DeVos of coordinating deliberate efforts to thwart a key student loan forgiveness program.
How COVID-19 Has Impacted Thousands of Defrauded Student Borrowers | Blog
The COVID-19 pandemic has caused unprecedented economic vulnerability for millions of people across the country. For student borrowers who have been defrauded by for-profit colleges, this struggle has only been exacerbated.
Updated Complaint: Education Department Officials Secretly Rigged Process to Deny Borrower Defense Applications for Debt Relief | Press Release
New evidence unveiled in lawsuit Sweet v. Cardona shows a sham process set up to deny defrauded borrowers debt relief regardless of the merits of their application.
Education Department Announces Plan it Claims Will Help Scammed Students Discharge School Debt | ABA Journal
A 2019 U.S. Department of Education policy on student debt discharge, which raised the burden of proof for applicants claiming that they were misled by their schools and put in place a plan that only granted partial relief for some, was rescinded Thursday.
Is $10,000 In Student Loan Forgiveness Next, After Biden Administration Cancels $1 Billion? | Forbes
Yesterday, Education Secretary Miguel Cardona announced a policy shift that will result in $1 billion in student loan forgiveness. But what does that mean for the ongoing efforts by progressive lawmakers and consumer rights activists to convince President Biden to cancel student debt?
Students Who Got Partial Loan Relief To See Full Discharge | Associated Press
Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully canceled, the Biden administration announced Thursday, reversing a Trump administration policy.
Education Department Scraps a Trump-Era Policy That Limited Debt Relief for Defrauded Students. | New York Times
Tens of thousands of borrowers who attended for-profit schools like Corinthian Colleges and ITT Technical Institute that defrauded students will have their student loan debts eliminated after the Education Department rescinded some changes made during the Trump administration that gutted a relief program.
Biden Administration To Cancel $1 Billion In Student-Loan Debt Held By Scammed Borrowers | MarketWatch
Borrowers who were scammed by their schools but who only received partial relief from their student-loan debt under the Betsy DeVos-era Department of Education will have their loans fully discharged — a move that will result in an estimated $1 billion in debt relief, the DOE announced Thursday.
Education Department Throws Out Trump-Era Rule For Defrauded Students | Yahoo Finance
The Education Department (ED) has thrown out a Trump-era rule that limited debt relief for 72,000 borrowers who had graduated from fraudulent for-profit colleges.