News
STATEMENT: Department of Education Must Protect Students Following Collapse of For-profit Education Company 2U
Bankruptcy follows increasing pressure after students sued USC for misleading them about its online master’s degree program run by 2U, and USC subsequently severed its long-term relationship with 2U
Appeals court blocks Biden’s student loan repayment plan | The Washington Post
In response, the administration said it will put the 8 million borrowers’ loans in the Save program in interest-free forbearance.
Biden’s SAVE Plan Blocked by Federal Court | Inside Higher Ed
An emergency stay issued Thursday prompted calls for the Education Department to pause student loan payments for borrowers. The agency says it is assessing its options following the ruling.
STATEMENT on Federal Appeals Court Blocking SAVE Student Loan Repayment Plan
a federal appeals court issued an administrative stay blocking the Department of Education’s Saving on a Valuable Education (SAVE) student loan repayment plan. This follows two injunctions issued last month by federal judges in Kansas and Missouri, which each blocked portions of the SAVE plan.
RELEASE: New Resources Aim to Debunk Myths Surrounding Borrower Defense
PPSL and TICAS released a series of materials sharing facts about this longstanding policy on student debt relief that has increasingly coming under attack
The Project on Predatory Student Lending and City of Boston Host Free Student Debt Clinic
Student loan borrowers attend in-depth clinic to get answers to federal student loan repayment questions and receive individualized support and resources on navigating student debt.
STATEMENT on Federal Judges Blocking SAVE Student Loan Repayment Plan
“These decisions by two judges who clearly don’t understand the real-life consequences of the student debt burden, nor the complexity of the federal student loan system will cause unjust and immediate harm and confusion for millions of student loan borrowers.”
Judge Alsup Demands Accountability from Department of Education and Servicers on Borrower Defense Settlement
At a hearing today regarding the Plaintiffs’ motion to enforce implementation of settlement relief in the lawsuit Sweet v. Cardona, Judge William Alsup expressed frustration with ongoing issues and demanded accountability from the Department of Education and its servicers after their gross mishandling of settlement relief in the $6 billion borrower defense settlement.
Navient Is Quietly Forgiving Private Student Loans Amid Pressure From Lawmakers | Money
The existence of Navient’s new discharge program largely came to light when the PPSL launched a campaign on May 30 to encourage borrowers to apply. The nonprofit legal organization also released a step-by-step guide to request loan forgiveness.
Navient debuts private student loan forgiveness, and other student loans news | Bankrate
If you were defrauded by your school and have student loans serviced through Navient, the servicer is now offering a simplified route to student loan forgiveness. The Project on Predatory Student Lending (PPSL) recently discovered that the servicer now offers borrowers the chance to apply for loan discharges. However, Navient never publicized the process.