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How Long Would You Wait to Get Your Life Back? An ITT Student Loan Truth | Blog
Predatory for-profit colleges like ITT have defrauded students for years, targeting low-income families and intentionally making the enrollment process fast-paced and confusing because their goal is to make as much money as they can with as little return as they can offer. Students are then left with thousands of dollars in debt and worthless degrees.
Can Biden Cancel Student Debt? It Depends Who You Ask | Inside Higher Ed
Four months ago, it was announced that President Biden had directed the Department of Education and the Department of Justice to examine his legal authority to unilaterally cancel student loan debt.
7,200 Borrowers Cheated by Corinthian Colleges to Finally Secure Debt Relief as Education Department Drops Legal Appeal | Press Release
Former for-profit college students today secured a long-awaited victory as the U.S. Department of Education filed a motion dropping its appeal in Vara v. Cardona (formerly Vara v. DeVos) and will comply with a federal court order to grant the Massachusetts Attorney General’s borrower defense application on behalf of 7,200 borrowers who attended Massachusetts Everest schools, which were part of the Corinthian Colleges chain.
Biden Administration Drops Appeal of Legal Decision Granting former Corinthian Colleges Students Debt Relief | Washington Post
A group of 7,200 former students of the defunct for-profit chain Corinthian Colleges will have their federal student loans canceled after the Education Department agreed Thursday to drop its appeal of a court order to clear their debts. The decision arrives more than a year after a federal judge ruled that the students in Massachusetts were entitled to a full discharge of their loans under a statute known as borrower defense to repayment. The Trump administration fought the order and brought the case to a standstill, but borrowers were hopeful the Biden administration would concede.
“We are calling on the Department to do what is right when it sees evidence of widespread fraud” - Statement on Approval Of Additional Student Borrower Defense Claims
Department of Education announced that it will approve borrower defense applications for a select 1,800 student borrowers who attended the predatory for-profit colleges of Westwood, Marinello, and the Court Reporting Institute.
Is This A Game Changer For Student Loan Cancellation? | Forbes
The hiring of a new assistant general counsel at the U.S. Department of Education who co-authored a letter to Sen. Elizabeth Warren (D-MA) supporting wide-scale student loan cancellation shouldn’t be interpreted as the Biden administration will now “automatically” enact wide-scale student loan forgiveness.
Biden Education Department Hires Vocal Proponent of Canceling Student Debt | The Hill
The Biden administration has hired a vocal proponent of canceling student debt for a key post in the Education Department. The Education Department hired Toby Merrill to serve as deputy general counsel in the Office of the General Counsel, the agency said in a statement.
Yahoo Finance Video Senators Urge Education Department to Fix Student Loan Forgiveness Programs | Yahoo Finance
Yahoo Finance’s Aarthi Swaminathan joins the Yahoo Finance Live panel top discuss Senators urging the Education Department to fix forgiveness programs as payment cliff nears.
Professor Who Backed Warren's Debt Cancellation Plan Appointed for Education Department Role | Yahoo
A Harvard law professor who said the education secretary has legal authority to forgive $50,000 in student debt per person as Sen. Elizabeth Warren proposed was appointed to serve in the Department of Education's legal division.
Biden's Education Dept. Just Hired Elizabeth Warren's Student-Loans Expert, Who Studied Predatory Lending at Harvard | Business Insider
A new hire at the Education Department is another in the growing number of experts who have fought alongside Massachusetts Sen. Elizabeth Warren to reform the student-loan debt system.