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STATEMENT from the Project on Predatory Student Lending on ED’s “Dear Colleague” Letter on Online Program Manager Guidance
PPSL issued the following statement on the Department of Education’s “Dear Colleague” letter to institutions of higher education, outlining guidance and a warning about institutions’ responsibility to prevent misrepresentations by their Online Program Managers.
Misrepresentations by OPMs could land colleges in trouble, Education Department says | Higher Ed Dive
“Project on Predatory Student Lending is helping represent the students in the lawsuit against the University of Southern California. In a statement Thursday, PPSL President and Executive Director Eileen Connor said she hoped the Trump administration would take the letter’s concerns seriously.”
STATEMENT from the Project on Predatory Student Lending on Ashford Group Borrower Defense Discharges
PPSL issued the following statement on President Biden’s announcement today that the Biden-Harris administration will approve a group borrower defense discharge for students who attended the for-profit college Ashford University, totaling $4.5 billion for 261,000 Ashford borrowers.
STATEMENT from the Project on Predatory Student Lending on President Biden’s Latest Borrower Defense Discharges
PPSL issued the following statement on President Biden’s announcement today that the Biden-Harris administration will approve additional student debt relief measures, totaling announcements of $183.6 billion in student loan forgiveness for more than 5 million borrowers since taking office.
POLITICO: Supreme Court to review decision on student borrower defense case
“The reason the administration wanted the Supreme Court to look at the case is because it’s fundamentally wrong and stripping away a critical protection for students that Congress inarguably authorized,” Eileen Connor, the president of PPSL said in an interview on Friday. “I hope this will be an opportunity to correct the 5th Circuit.”
Newsweek: Student Loan Debt: Supreme Court to Review Policy that Forgave $17 Billion
“The U.S. Supreme Court is set to weigh in on a student loan debt forgiveness policy that allowed the Biden administration to forgive $17 billion, according to Politico.”
CNN: What Democrats want Biden to do on student loans before leaving office
“Eileen Connor, president and director of the Project on Predatory Student Lending, which represents borrowers defrauded by their colleges, noted that the first Trump administration processed debt relief approved by the Obama administration.”
STATEMENT from from the Project on Predatory Student Lending on CFPB’s New Report on Student Loan Servicers
The Project on Predatory Student Lending (PPSL), the leading legal organization representing student borrowers against predatory for-profit colleges, issued the following statement on the Consumer Financial Protection Bureau (CFPB) report on private student loan servicers.
The Nation: It’s Still Not Too Late for Biden to Deliver Debt Relief
“Instead, it fell to the Debt Collective, the Project on Predatory Student Lending, and defrauded students themselves to find eligible borrowers in a piecemeal fashion and organize them to fight for their rights.”
Celebrating Giving Tuesday: "I am more free today because of your work"
At PPSL, nothing inspires us more than hearing from people whose fraudulent student loans have been cancelled because of our litigation. Our team is incredibly moved when people reach out to share the impact in their own words – and this Giving Tuesday, we wanted to share a few stories that remind us why we do this work.