News
The Government Paves the Way for Students to File Class-Action Lawsuits | Market Watch
The U.S. government wants to make it easier for student loan borrowers to sue their colleges when they believe they’ve been wronged.
Senators: Education Dept Should Cut Off Aid to Colleges That Deny Students Their Day in Court | Huffington Post
Today, nine Senators, led by Sherrod Brown (D-OH) and Dick Durbin (D-IL), called on the U.S. Department of Education to cut off federal student aid to colleges and universities that bar their students from going to court to pursue claims against their schools.
Federal Judge Upholds Some Regulations on For-Profit Schools, Strikes Down Others | Inside Higher Ed
A federal judge in Massachusetts this week issued a mixed ruling in a case challenging tougher regulations on for-profit colleges enacted by that state’s attorney general.
This Parent Trap Involves $71 Billion of Federal Education Debt | Bloomberg
The U.S. government is sitting on a growing pile of debt backed by little more than parental love.
Student Loan Relief Sought by AG Healey | New Boston Post
In an effort to help borrowers struggling to repay student debt, Attorney General Maura Healey on Tuesday announced a new student loan assistance unit and a crackdown on unlawful debt relief companies.
Little for Students in ‘Historic’ Settlement of Education Management Case | The Chronicle of Higher Education
The U.S. attorney general, Loretta E. Lynch, and the education secretary, Arne Duncan, announced the settlement of a false-claims lawsuit against the Education Management Corporation on Monday.
Education Department Delays Relief For Defrauded Student Loan Borrowers | Huffington Post
Students who claim they were defrauded by for-profit schools owned by Corinthian Colleges Inc. into taking out federal student loans will have to wait several more months before the Obama administration decides whether to cancel their debts, the Department of Education said Thursday.
The U.S. Government’s Predatory-Lending Program | Politico
Most parents will do just about anything for their children, especially when it comes to education. Predictably, at a time when college costs are exploding and students are staggering under more than $1 trillion in debt, one opportunistic lender is making huge profits on loans to their doting moms and dads.
U.S. Must Face Lawsuit Over Beauty School Student Loans | Reuters
A U.S. appeals court in New York revived a lawsuit seeking to stop the government from collecting on loans made to students of a nationwide beauty school chain, since it knew the now-defunct company routinely falsified student eligibility for those loans.
This For-Profit College Failed, but its Students are Left with the Wreckage | The Washington Post
Last week, one of the country’s biggest career college chains completed its collapse. Corinthian Colleges once ran 107 campuses of Everest Institute, WyoTech and Heald Colleges that served more than 100,000 students.