News
Backlog of student loan fraud claims tops 210K, with processing stalled | Politico Pro
The number of federal student loan borrowers who are waiting for the Education Department to make a decision on their application for loan forgiveness based on alleged fraud by their college now exceeds 200,000 borrowers, according to new federal data released today.
My Student Loan Truth: Lyndsie’s Art Institute Story | Blog
Lyndsie attended the Art Institute of California, where she was pressured into signing up for a design program and significant student loans. She soon realized that the school was a “joke” and her degree was worthless.
The Latest Reports on Betsy DeVos Scamming For-Profit College Students | Blog
ITT and Corinthian Borrowers Continue to Fight for Relief as the Department of Education Skirts the Law Every Step of the Way
Project on Predatory Student Lending Calls for DeVos to be Held Accountable for Illegal Collection of Bogus Student Debt | Press Release
The Project on Predatory Student Lending today called for U.S Education Secretary Betsy DeVos and the U.S. Department of Education to be held accountable after she continued to collect on the student loan debt of thousands of former for-profit college students -- a direct violation of a federal court order.
Project on Predatory Student Lending Statement on Education Department’s Processing of Automatic Closed School Discharges For Former ITT Students | Press Release
The Project on Predatory Student Lending today issued the following statement after the U.S. Department of Education confirmed it has finally begun to process automatic closed school loan discharges for a select group of former students of the predatory for-profit college, ITT Tech.
For-Profit Schools Target The Black Community. Here’s How You Can Avoid The Scam | BET
This article takes a deeper dive into for-profit schools and the students who have been scammed into pursuing quick-and-easy higher education. Let’s all take a minute to look at why this problem hits the Black community the hardest.
Project on Predatory Student Lending Supports Warren, Pocan Effort to Hold Private Equity Firms Accountable for Enabling Predatory For-Profit Colleges | Press Release
The Project on Predatory Student Lending statement after U.S. Senator Elizabeth Warren (D-MA) and U.S. Representative Mark Pocan (D-WI) called on six private equity firms to provide details about those firms’ management of predatory for-profit colleges.
Defrauded by Colleges, Students Wait in Vain for Federal Help | Austin Statesman
In 2013, Morgan Marler decided she wanted a career in computers. At the time, the now-29-year-old was living in Arlington and looking for a job that would pay well and give her a purpose. She enrolled in ITT Technical Institute, one of the nation’s largest for-profit schools. It had been in business for 50 years and had eight campuses in Texas, a fact that reassured Marler. Counselors told her she could expect to make $60,000 with a degree in network system administration.
Raising the Bar for Loan Forgiveness | Inside Higher Ed
In her first significant act as Education Secretary more than two years ago, Betsy DeVos said she planned to overhaul an Obama administration student loan rule designed to protect borrowers defrauded by their college. Despite her efforts, the Obama borrower-defense regulations took effect last year. But on Friday DeVos capped off a two-year effort by issuing her own rule, which scales back loan forgiveness opportunities for student borrowers.
Project Vows to Challenge DeVos Over Devastating New Borrower Defense Rule that Will Gut Protections for Students | Press Release
“Betsy DeVos is throwing hundreds of thousands of students who have been defrauded by abusive for-profit colleges under the bus.”