News
The latest news from the Project on Predatory Student Lending
There hasn't been a dull moment yet in 2024. Read more on what we have been up to below.
$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.
Student Borrowers Ask Court to Enforce $6 Billion Borrower Defense Settlement after Department of Education Breaches Agreement
Student borrowers in the class action lawsuit Sweet v. Cardona filed a motion to enforce the $6 billion borrower defense settlement after the Department of Education violated the agreement by failing to meet the settlement deadline of January 28, 2024.
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.
PPSL Welcomes New Senior Director of Policy & Advocacy
The Project on Predatory Student Lending (PPSL), the leading nonprofit legal organization representing borrowers defrauded by predatory colleges, announced that Ashley Harrington has joined the team as PPSL’s Senior Director of Policy and Advocacy. In this new role, Harrington will oversee PPSL’s policy and advocacy work, which focuses on ending predatory practices in higher education.
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.