News
Elizabeth Warren Says Government is Forcing Student Borrowers to Pay ‘Fraudulent Debts’ | MarketWatch
Tens of thousands of borrowers who were victims of fraud by their college are losing their tax refunds, Social Security benefits, and facing other debt collection practices over their student loans, according to Senator Elizabeth Warren.
A Poor Defense of ITT Tech | The Washington Post
The Sept. 11 editorial “Shuttering an option for students” asserted that ITT Technical Institutes were the victims of unfair federal aggression when, in reality, they were for-profit colleges providing value and innovation by serving nontraditional students.
After ITT’s Demise, More Trouble Is Likely for For-Profit Colleges | The Chronicle of Higher Education
Pending rulings, politics, and the economy are among a number of factors still playing out that could have ramifications for all or part of the sector.
New England Institute of Art Students Storm Campus to Deliver Demand Letter | Debt Collective
On Wednesday students who attended predatory for-profit college, the New England Institute of Art, stormed their former campus to demand justice, including debt cancellation, for all those who attended the school.
Former Art Institute Students Demand Justice At Their Old Campus | ThinkProgress
Students who say they were preyed on by for-profit college companies that gave them a “worthless” education and didn’t prepare them for the workforce are hoping to push these schools to shut down for good.
Feds Propose Rules that Would Make it Easier for Students to Sue Their Schools | Market Watch
Students who believe they’ve been duped by their schools will now have an easier path to sue them if proposed rules released by the Department of Education Monday take effect.
These Controversial Student Contracts May Soon Be Banned | Market Watch
Annemarie Morgan and Tiffany Dever figured a certificate in ultrasound would be a ticket to a career in a field that was “blowing up.”
Court Revives Suit Against U.S. Over Fraudulent Student Loans | New York Law Journal
Former beauty school students may pursue claims that the U.S. Department of Education defied federal law by collecting student loans it knew may have been obtained fraudulently, a federal appeals court determined.
Obama Administration Tussles With Students Over Debt Relief | Bloomberg
This week the Obama administration put forward a plan that could fundamentally alter the way the government confronts claims of fraud by student debtors.
Defrauded Students Demand Loan Forgiveness on ‘Snake Oil Educations’ | The Fiscal Times
This week marks the one-year anniversary of the debt strike initiated by 15 former students at Corinthian, a predatory chain of for-profit colleges that lied about job placement to lure borrowers.