News
PPSL Launches New Community Action Council for Borrower Advocates
People who have impacted by predatory practices in higher education are encouraged to apply for a unique opportunity to help drive change and protect borrowers’ rights.
STATEMENT from the Project on Predatory Student Lending in response to President-elect Donald Trump’s selection of Linda McMahon as Secretary of Education
Higher education is central to the American Dream – the belief that anyone can work hard, go to college, and create a better future for themselves and their family – but our current system has created a nightmare scenario for many Americans, by treating students as profit centers and allowing predatory actors to thrive with little to no accountability. Now more than ever, we need someone leading the Department of Education who will take this role seriously and work to restore people's faith in a system that has consistently let them down.
What the Republican trifecta could mean for student loan borrowers | The Washington Post
“The past four years have been filled with highs and lows for federal student loan borrowers, as nearly 5 million have benefited from $175 billion in debt cancellation provided by President Joe Biden and others have watched their prospects for relief ensnared by litigation. The next four years could be just as tumultuous with Republicans controlling both chambers of Congress and the White House.”
Their student loans should have been canceled already. Now they fear it won’t happen under Trump. | MarketWatch
“It shouldn’t be part of the legacy of [the Biden] administration that people continue to pay these debts when it’s acknowledged that they’re the product of this consumer fraud,” said Eileen Connor, the director of the Project on Predatory Student Lending, which represents former students of for-profit colleges in court.
PPSL Files Amicus Brief to SCOTUS in Support of Department of Education’s Petition
Fifth Circuit decision on borrower defense case threatens existing student borrower protections nationwide.
Student Borrowers Score Another Win in $6 Billion Borrower Defense Settlement
The Ninth Circuit denied three intervening schools’ attempt to overturn the approved settlement
Harris needs to finish the job on for-profit college loan discharges | Higher Ed Dive
The vice president and the U.S. Department of Education must follow through on loan discharges promised to student borrowers, one legal expert argues.
Calling for For-Profit College Accountability at NJ Senate Higher Education Hearing
At a New Jersey Senate Higher Education Committee hearing recently, student loan borrowers testified alongside the Project on Predatory Student Lending (PPSL), calling for stronger oversight and transparency around proprietary institutions of higher education.
STATEMENT: Borrower Advocates Applaud New MOHELA Enforcement Actions
PPSL applauded the Department of Education’s announcement that it will limit the federal student loan servicer MOHELA from taking any new accounts and force it to follow a corrective action plan for its servicing failures.
For-profit college industry facing increasing scrutiny | New Jersey Spotlight News
For-profit college industry facing increasing scrutiny at New Jersey Senate Hearing.