News
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.
Delivering results for student borrowers
As we close out 2023, we look back at a year of delivering billions of dollars of loan relief for our clients and taking on the most pressing issues they face through impact litigation and advocacy. Here are a few highlights. We couldn’t have done it without your support.
“Life-changing impact” of relief in Sweet v. Cardona
If you’ve been following the landmark borrower defense settlement in Sweet v. Cardona, you know just how long the road to justice has been. For over 290,000 student borrowers, the journey to relief has spanned several years, with countless hurdles to overcome along the way.
OPMs: The Next Frontier of Predatory Practices in Higher Education
This week, the Department of Education held a two-day virtual listening session to discuss predatory practices related to online management programs (OPMs) in higher ed.
“The anxiety returns.” – What a Stay in Sweet Would Mean for Class Members
PPSL asked Sweet class members to share the impact that a delay in settlement relief would have on their lives. We received over 3,000 responses. Borrowers from around the country came forward to share deeply vulnerable, personal stories about what was at stake for them and their families.
2022 Delivers Historic Wins for Student Borrowers | Blog
It has been a historic year for PPSL and our clients, with big changes for our organization and even bigger wins for student borrowers. These massive victories are the result of years of dedication from our clients, who never gave up hope or backed down.
The Borrower Stories Behind Sweet v Cardona | Student Loan Truth
On November 9th, Sweet v. Cardona borrowers had the chance to attend the hearing for final settlement approval in person, with 1,000 of their fellow class members listening over Zoom. As we await the Court’s decision, expected to come within a week of the hearing, here are three class members’ stories.
5 Key Takeaways from the New Borrower Defense Regulations
The final Borrower Defense rule published by the Department of Education on Monday, October 31, which is set to take effect on July 1, 2023, reflects many of the issues we’ve advanced through our litigation, strengthening protections for borrowers and adding needed safeguards to the federal student lending process. Here is PPSL’s take on how the new Borrower Defense (BD) rule will help borrowers.
My Journey to Sweet Relief: “Know Your Rights, and Never Stop Fighting for Them.” | Blog
As the named plaintiff in Sweet v. Cardona, Theresa Sweet has been in the fight for justice since the very beginning. Upon learning about our proposed settlement with the Department of Education, she had a lot to say. Read about Theresa's journey to #sweetrelief.
How Corinthian Students Won a $6B Loan Cancellation Battle | Blog
For over seven years, these borrowers fought tirelessly to Cancel Corinthian. Last week, VP Harris joined the Department of Education to finally announce that it would cancel all federal student loans from Corinthian Colleges — relieving more than 560,000 student borrowers of over $5.8 billion in Corinthian debt.