News
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.
Judge Alsup Blasts Department of Education on Borrower Defense Settlement
At a hearing on the Plaintiffs’ motion to enforce implementation of settlement relief in Sweet v. Cardona, Judge William Alsup expressed disappointment in the Department of Education’s gross mishandling of settlement relief and set a strict schedule with accountability measures to ensure that the overdue relief is delivered by August 31, 2024.
Student Borrowers Blast Department of Education for "Bungled” Implementation of Borrower Defense Settlement
Latest brief details how ED did not perform any oversight of student loan servicers and failed to monitor compliance in $6 billion settlement
Statement Regarding 5th Circuit Ruling on Borrower Defense
“The Fifth Circuit got it exactly backwards. Borrower Defense is a critical protection for student borrowers and has been in place for over thirty years.”
Students Score a Victory Against USC as Court Gives Approval for Discovery in Class Action Lawsuit to Move Forward
Graduate social work students are suing USC for misleading students about its expensive online MSW degree program and operating a “diploma mill”
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.