News
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.
Update | Project on Predatory Student Lending Releases Poster Explaining Rights and Options of Students Who Attended Closed Everest Schools
LSC’s Project on Predatory Student Lending, along with the National Consumer Law Center’s Student Loan Borrower Assistance Project, released a poster showing rights and options of students at the two Massachusetts Everest schools, as well as other Corinthian-owned schools that closed or are in the process of closing.
A Little-Known Student Loan Protection Remains Mired In Mystery | Buzzfeed
A group of Democratic senators identified a clause in federal student loan contracts that could lead to billions in debt being forgiven. But nobody, including the Education Department, knows how the clause works in practice.
Students Reflect on LSC’s Role in their Pursuit of Public Interest Careers | Blog
In a recent post on the HLS Admissions Blog, two students of the Project on Predatory Student Lending wrote about Building a Public Interest Career at HLS. They name four building blocks for a career in public interest law, including clinical work.
Update | Project on Predatory Student Lending Student Saves Client Over $40,000
The Project on Predatory Student Lending recently helped save a client over $44,000. A problem in his federal student loan consolidation left him with several defaulted loans. He came to the clinic because he was struggling to repay his loans, and because he did not understand why he still had defaulted loans after his consolidation.
For-Profit Colleges Face Big Questions, Regulations, Lawsuits In Mass. | WBUR
Right now in Massachusetts, for-profit colleges are facing big questions, new regulations and lawsuits. The state attorney general is investigating about 12 of them — amid charges of low graduation rates and deceptive sales tactics that leave too many students mired in debt.
Update | The Project on Predatory Student Lending Submits Comments Regarding the Upcoming Negotiated Rulemaking to Expand “Pay As You Earn”
On November 4, 2014, the Project on Predatory Student Lending of the Legal Services Center, in partnership with the National Consumer Law Center, submitted comments to the Department of Education arguing that more low-income people should be entitled to greater relief in repaying their student loans.
Parents Poised to Gain Easier Access to College Loans | Wall Street Journal
The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.
Parents Poised to Gain Easier Access to College Loans | The Wall Street Journal
Amid Enrollment Pinch, Tighter Standards Put on Borrowing Program in 2011 in Line to Be Loosened. The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.
Obama to Lighten Up On PLUS Loan Credit Requirements | The Street
NEW YORK (MainStreet) Federal student PLUS loans have become the target for criticism from both consumer advocates and their conservative critics. The quick study would be this: they're too easy to get and too difficult to get rid of.