News

Press Releases Press Releases

Statement About Court Decision on Illegal Borrower Defense Delays | Press Release

In another victory for student borrowers, a federal judge late Monday vacated the Department of Education’s delays of the 2016 borrower defense rule that included critical protections for student borrowers. The ruling follows last Wednesday’s decision that the Department’s delays were illegal, and Friday’s hearing on how the Department should proceed.

Read More

In Another Injustice For ITT Students, Predatory ITT Executives Get July 4 Weekend Gift While Defrauded Students Left Holding The Bag | Press Release

Late on Friday, it was announced that the SEC had settled its case against former ITT executives Kevin Modany and Daniel Fitzpatrick for cheating the company’s shareholders and operating the company for their own personal financial benefit. The settlement, reached on Friday, July 6 just before the trial was set to start today, lets them walk away with a slap on the wrist.

Read More
Press Releases Press Releases

Judge Rebukes Department of Education For Second Time, Ordering It To Stop Collecting on Corinthian Student Loans | Press Release

A federal judge today, for the second time in just a few weeks, rebuked the Department of Education for its wrongful and illegal continued attempts to collect on the debt of students who were defrauded by the for profit Corinthian Colleges, ruling that the Department must stop collecting on the loans of tens of thousands of Corinthian students in light of the Department’s use of an illegal rule to reduce relief to borrowers by 80 percent.

Read More

Two Key Hearings Scheduled for Next Week in Corinthian and ITT Cases | Press Release

Two court hearings are scheduled for next week in key cases that assert the rights of federal student loan borrowers who were cheated by the for-profit colleges Corinthian and ITT Tech. The hearing in San Francisco on Monday, June 11 involves the Department of Education’s continued refusal to grant complete loan cancellation to former students of for-profit Corinthian Colleges.

Read More