News
Statement on Senate Plan To Cancel Student Loan Payments During Coronavirus Emergency And Provide Minimum $10K Payoff For All Federal Student Loan Borrowers | Press Release
The Project praises Senate Democrats’ new plan to cancel student loan payments for the duration of the COVID-19 Emergency and their proposal to provide a minimum $10,000 payoff for all federal student loan borrowers.
Statement on the Economic Stimulus Package and the Imperative to Cancel For-Profit College Student Debt | Press Release
As the government considers measures to mitigate the extreme financial burden COVID-19 has placed on citizens across the country, the Project on Predatory Student Lending urges Congress and the Department of Education to activate their authority and cancel all for-profit college debt immediately.
My Student Loan Truth: Brandon Hurshman and Melissa Arroyo's Art Institute Story | Blog
Brandon and Melissa just wanted an education. Instead, what they got from the Art Institute was a lot of unfulfilled promises and a heavy burden of fraudulent debt. In fact, the engaged couple says the only positive thing that came out of that school was finding each other.
Project Calls on Congress, Department of Ed to Relieve Student Loan Debt in Light of COVID-19 | Press Release
In response to the COVID-19 crisis and its severe economic impact on American families across the nation, the Project on Predatory Student Lending calls on Congress and the Department of Education to use their authority to cancel all student loan debt, and to act immediately to stop tax refund offset and wage garnishment, and to put loans in interest-free forbearance.
Senate Passes Rebuke of DeVos Over Student Loan Forgiveness | ABC News
The Senate on Wednesday gave final congressional approval to a measure that would overturn rules issued by Education Secretary Betsy DeVos in 2019 that made it harder for students to get loans erased after being misled by for-profit colleges.
Senate Rejects DeVos Rule Restricting Debt Relief for Bilked Students | New York Times
In a bipartisan rebuke, the Senate voted on Wednesday to overturn a major Trump administration rule that would sharply limit debt relief for students misled by schools that lured them in with false claims about their graduates’ career and earning prospects.
Congress Rejects DeVos’ Borrower Defense Rollback | Press Release
In a rare bipartisan vote, the Senate rebuked Secretary DeVos by voting to overturn the 2019 borrower defense rule. This resolution would leave the 2016 borrower defense rule in place and prohibit the Department from attempting to make new borrower defense regulations.
Lawsuit Challenges Trump Administration Toughening of Student Loan Cancellation Rules | NY Daily News
Kacey Martinez was stunned when her Manhattan college abruptly shut its doors in 2017, leaving her with no degree and thousands of dollars in debt. "I didn’t know that things like that happened,” fumed the 24-year-old Bronx resident of the sudden demise of TCI College of Technology in Chelsea.
Senate Might Rebuke DeVos on Borrower Defense | Inside Higher Ed
For all of President Trump’s controversial policies, it has been rare for the Republican Senate to formally condemn the administration. But lobbyists on both sides of the debate over U.S. Education Secretary Betsy DeVos's borrower-defense rule say it’s increasingly possible that the Republican Senate could join the Democratic House in rebuking the administration over the rule critics say makes it harder for defrauded students to have their education loans forgiven.
Student Loan Borrowers Sue Betsy DeVos - Again | Forbes
Student loan borrowers have filed yet another lawsuit against Education Secretary Betsy DeVos over the Borrower Defense to Repayment program. Borrower Defense to Repayment was established in 2016 by the Obama administration. The program was created in the wake of the collapse of major for-profit colleges to provide student loan forgiveness for borrowers who were defrauded by their schools.