News
The Latest From PPSL: New cases, holding servicers accountable, and protecting borrower defense
Summer has been a busy season for us at PPSL, and as we dive into fall, there’s a lot to share. From filing new cases to increased advocacy efforts, we’re mobilizing borrowers and working together to hold the student loan system accountable to borrowers and the law.
Advocating for Proper Accreditor Oversight in Higher Education
Recently, the PPSL team and our clients had an opportunity to highlight the importance of this issue at the Department of Education’s NACIQI Summer 2024 meeting, and to call for more stringent oversight of a particular accreditor, ACCET.
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.