News
Coalition Urges Loan Debt Cancellation for Former Corinthian Students | Diverse Issues in Higher Education
U.S. Sen. Dick Durbin of Illinois, Rep. Joe Kennedy III of Massachusetts, Massachusetts attorney general Maura Healey, the Debt Collective organization and others on Monday joined the Project on Predatory Student Lending to launch a public awareness campaign urging eligible students of former Corinthian Colleges to apply to have the Department of Education cancel their debts.
DeVos Will Not Seek Further Delay of Obama For-Profits Rule | Associated Press
The Education Department said Friday it will no longer try to delay an Obama-era regulation that helped students defrauded by for-profit colleges get their loans forgiven. A federal court ruled last month that Education Secretary Betsy DeVos’ decision to delay the regulation, known as borrower defense, was unlawful and that the rule should go into effect. The department had until next Tuesday to respond.
The Economic Case For Cancelling All Student Debt | Blog
At a forum at Harvard Law School, hosted by the Project on Predatory Student Lending and Freedom to Prosper, Experts highlight data showing cancelling all student debt would provide a massive boost to the economy, lasting decades.
Key Hearing Tuesday in Borrower Defense Case | Diverse Issues in Higher Education
A key court hearing is scheduled for Tuesday in a case involving an industry group’s challenge to the U.S. Department of Education’s 2016 borrower defense rule. Last month, a federal judge ruled in a related case that the department had illegally acted to delay the 2016 borrower defense rule, which incorporated critical protections for students.
Statement About Report That Department Of Education Will Miss Key Deadline On Borrower Defense | Press Release
In a report by Bloomberg last night and a subsequent court filing, the Department of Education confirmed that it will miss a key November 1 deadline to publish final borrower defense and gainful employment regulations.
How It Feels When Students Stand Up to the Department of Education and Win | Blog
Meaghan Bauer knew something was wrong, so she stood up and fought back. As a result, she’s helping protect thousands of other students’ rights to borrower defense.
Betsy DeVos’s For-Profit Strategy Is Risky — for Betsy DeVos | The Chronicle of Higher Education
It probably surprises no one that Secretary of Education Betsy DeVos is not making sense, but her stands on key issues are starting to be noticed in the courts. And while DeVos would not usually be held personally liable for the harm she is doing to students, borrowers, or taxpayers, there is at least one exception: if she knowingly and improperly allocates taxpayer dollars.
Despite the Economic Recovery, Student Debtors' 'Monster in the Closet' has Only Worsened | CNBC
In many ways, Daniel Strong is happy with his life. He owns a three-bedroom ranch-style house in Charlottesville, Virginia, where he lives with his wife and 3-year-old son, Benjamin. He recently made the last payment on his silver, Toyota Tacoma. He likes his job.
Students Can Challenge Education Department Over Loan Forgiveness, Judge Rules | ABA Journal
A U.S. district court has found that two graduates of a Massachusetts for-profit college have standing to challenge the U.S. Department of Education’s recent decision to delay implementation of the borrower defense regulation, which shifts loan repayment responsibility from the student to the school if it’s found that the school engaged in misconduct.
Devos Under Fire for Obstacles to Student Debt Relief | Courthouse News Service
A federal judge blocked the Education Department on Monday from dismantling an Obama-era regulation intended to protect student-loan borrowers from predatory lending practices. “The court concludes that, as with most unlawful agency actions, the proper remedy here is vacatur,” U.S. District Judge Randolph Moss wrote.