News

Congress Urged To Stop Propping Up Fraudulent For-Profit Colleges With Federal Pell Grants | Press Release
Press Releases Press Releases

Congress Urged To Stop Propping Up Fraudulent For-Profit Colleges With Federal Pell Grants | Press Release

As part of President Biden’s Build Back Better framework, Democrats in Congress have proposed restricting for-profit colleges from receiving federal funds in the form of Pell Grant awards, a student aid program for those with significant financial need. “Congress should no longer prop this fraudulent industry up with taxpayer funds…that are supposed to help the lowest income students.”

Read More
Student Loan Truth: The Real Heroes of NegReg
Blog Blog

Student Loan Truth: The Real Heroes of NegReg

On October 4-8, the Department of Education held their second Negotiation Rulemaking, or NegReg, session of the year. This year, the broken borrower defense process is one of the top areas of discussion, and the Department of Education refused to include the very students who experience this process firsthand.

Read More
Advocates and Borrowers Raise Significant Concerns as ED Declines to Name For-Profit College Borrowers to Rulemaking Committee on Borrower Defense | Press Release
Press Releases Press Releases

Advocates and Borrowers Raise Significant Concerns as ED Declines to Name For-Profit College Borrowers to Rulemaking Committee on Borrower Defense | Press Release

The Project on Predatory Student Lending today raised significant concerns that the U.S. Department of Education has failed to select any former for-profit college borrowers for its negotiated rulemaking committee, including rejecting a nominee with the support of more than 1,200 former for-profit college students – the very people who have been most significantly harmed by the broken borrower defense process.

Read More
Jonathan’s DeVry Student Loan Truth: “My degree has held me back more than it has benefited me” | Blog
Blog Blog

Jonathan’s DeVry Student Loan Truth: “My degree has held me back more than it has benefited me” | Blog

When Jonathan H. attended DeVry University, they promised him a lucrative career in gaming – which turned out to be a “flop program.” Jonathan recently submitted testimony for the record in a hearing before the Senate Judiciary Committee on Student Loan Bankruptcy Reform, in support of a bill sponsored by Senator Durbin that would make it possible for borrowers to discharge student loans through bankruptcy. Here’s Jonathan’s story.

Read More
Student Borrowers and Advocates Declare September as Borrower Defense Action Month | Press Release

Student Borrowers and Advocates Declare September as Borrower Defense Action Month | Press Release

The Project on Predatory Student Lending today joined advocates and former for-profit college students to declare September as Borrower Defense Action Month. Former students and advocates are encouraging those who attended a predatory for-profit college and were defrauded to file a Borrower Defense to Repayment, asking the U.S. Department of Education to cancel their fraudulent loans.

Read More