
The Impact
The Problem
44M
$1.6T
44 million Americans owe $1.6 trillion in student debt
Student debt in the United States has tripled since 2006. Half of all borrowers are over 44 years old and 1 in 5 are over 50. Over a million people owe more than $200,000. The costs of higher education go beyond what the average person can afford and predatory behaviors run rampant in schools we have grown to trust. Our society is now reliant on a debt-financed higher education system that simply doesn’t serve the American people.
We are facing a critical moment in which the nation is questioning the value of higher education. Although it has long been accepted that higher education is the great equalizer, our system has not delivered economic mobility for low- and middle-income students, and has perpetuated, rather than alleviated, racial inequality. It’s not only a political issue – we are on the precipice of a moment of reckoning for the entire student loan ecosystem at large.

The Solution
The Project on Predatory Student Lending’s groundbreaking and successful litigation has highlighted predatory practices in higher education while holding schools and the government responsible for the harm these practices cause.
We have exposed the entrenched problems of debt-financed higher education system and the extent and nature of predatory practices that are cheating students out of quality and affordable training and education.
We believe we can do the same for affordability.
The Results
$30 Billion
dollars in fraudulent student loans cancelled.
Through harnessing the power of our client community, we have influenced the public conversation about predatory student debt and achieved the cancellation of over $30 billion in fraudulent student loans. Delivering life-changing debt relief has given our client community the financial freedom to buy homes, start families, and move on with their lives.
PPSL’s clients are at the heart of our work. They’re people who are targeted by predatory colleges — women, people of color, single mothers, immigrants, veterans — people seeking a better life through education.

Hear From the Clients
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"For a long time, hope was really what we had lacked, and when we started working with the Project, we finally felt hopeful. I felt hopeful for the first time in a long time. It’s incredible to watch this group take on such big giants on our behalf."
Ashley
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"I believe that student borrowers have the power to hold higher education accountable, if we use our voices to speak out about our experiences."
Marjani
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"There’s nothing more lonely than feeling like you are alone in this giant hill of debt that does nothing for you but bury you. I’ve never seen anything in my life more amazing than what PPSL has done. They stood up for us when no one else would."
Tarah
PPSL In The News
The Trump administration’s stricter lending limits mean ”fewer people who are not already rich will be able to go to college, and the people who still need to get education and training that are not already rich are going to be targeted for predatory private loan projects,” said Eileen Connor, executive director of the Project on Predatory Student Lending.
“The CFPB played a key role in forcing student loan servicer Navient Corp. to change how it handled certain private loan discharges, according to Eileen Connor, president of the Project on Predatory Student Lending. Lenders such as Navient often include arbitration clauses in their contracts, making it harder for borrowers to seek legal help, she said.
A student loan borrower legal organization is urging certain borrowers to take immediate action or they may lose access to key repayment plans and loan forgiveness paths as Congress moves forward with major legislative changes.
“I think that there is something that doesn’t feel right about labeling something ‘UMass’ that is not, as far as I can tell, accountable in any way to the people of Massachusetts,” says Eileen Connor, president and executive director of the Boston-based Project on Predatory Student Lending.
One thing is clear: inflated valuation flows from distorted incentives, with borrowers and taxpayers bearing the brunt. Sale or not, it’s time for lawmakers to have an honest conversation about the actual cost of the federal student loan program.
“Eileen Connor worries that this is all very bad news for students. No one knows, for example, if the federal student loan portfolio will be privatized, says Connor, the president and executive director of PPSL. But if it is, that could mean that wealthier kids get to go to college and poorer kids become too big a risk.”
‘“I hate to think about what it means going forward for other lenders, and also for Navient itself, if they feel like all of a sudden they aren’t accountable to their legal obligations,” said Eileen Connor, president and director of the Project on Predatory Student Lending.”
“The servicer let some borrowers off the hook after a 2022 settlement — but not Amanda Luciano and others who faithfully made their loan payments.”
‘“It’s so draconian,” Connor said of proposals to limit or repeal borrower defense. “It would put student-loan borrowers in a worse place than any other kind of borrower, and it’s such an odd thing to do in the context of a lending program that is both meant to facilitate an educated workforce and populace, but also where the loans are the device of access that we’ve settled on.”’
“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.”
“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.”
“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.”
“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.”
“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.”
Student loan forgiveness processing appears to have stalled for tens of thousands of borrowers under a key debt relief program.
“We don’t think that can be clawed back under the law. We don’t think it should be clawed back, of course, but we’re ready to defend those discharges,” said Eileen Connor, president and director of the Project on Predatory Student Lending, which represents borrowers defrauded by their colleges.
“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.”
“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.
The vice president and the U.S. Department of Education must follow through on loan discharges promised to student borrowers, one legal expert argues.
For-profit college industry facing increasing scrutiny at New Jersey Senate Hearing.