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OPMs: The Next Frontier of Predatory Practices in Higher Education
This week, the Department of Education held a two-day virtual listening session to discuss predatory practices related to online management programs (OPMs) in higher ed.
Biden has quietly forgiven billions in student loans despite setbacks for his signature debt plan | LA Times
“I think that the Biden administration recognizes that there is this legal obligation [to borrower defense applicants], in that there has to be a process, it has to be fair, it has to be timely,” said Eileen Connor, president and director of the Project on Predatory Student Lending. “People can’t be waiting for seven, eight years with their entire life on hold.”
Who Qualifies For Student Loan Forgiveness Under Settlement With Education Department | Forbes
"These class members, which together comprise the “decision group,” will receive an individual decision on their eligibility for settlement relief in accordance with the below timeline, as outlined by the Project on Predatory Student Lending, the organization representing the class of student loan borrowers…”
Biden administration found to have silently forgiven billions in student debt | Washington Examiner
“I think that the Biden administration recognizes that there is this legal obligation [to borrower defense applicants], in that there has to be a process, it has to be fair, it has to be timely,” Eileen Connor, president and director of the Project on Predatory Student Lending, told the Los Angeles Times.
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.”
Borrowers Receive Student Loan Forgiveness Approval Emails After Court Green-Lights Settlement | Forbes
"The Project on Predatory Student Lending — the organization representing the class of borrowers in the Sweet vs. Cardona case — has also established a detailed informational website where borrowers can get more information and review Frequently Asked Questions.
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.”
Veterans’ group warns against a Phoenix deal| Arkansas Times
Coalition members include the Center for American Progress, New America Higher Education Program, Project on Predatory Student Lending, The Institute for College Access & Success, Veterans Education Success, attorney David Halperin, and Robert Shireman, a senior fellow with The Century Foundation.
UPDATE: Judge Denies Motion to Stay Settlement Relief in Sweet v. Cardona
Judge William Alsup denied the motion to stay implementation of settlement relief in the borrower defense lawsuit Sweet v. Cardona.
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.