News
CFPB Pullback Shrinks Bankrupt Student Loan Borrowers’ Options | Bloomberg Law
“The CFPB played a key role in forcing student loan servicer Navient Corp. to change how it handled certain private loan discharges, according to Eileen Connor, president of the Project on Predatory Student Lending. Lenders such as Navient often include arbitration clauses in their contracts, making it harder for borrowers to seek legal help, she said.
These Student Loan Borrowers Must Act Now, Group Warns, Or Risk Losing Access To Key Plan | Forbes
A student loan borrower legal organization is urging certain borrowers to take immediate action or they may lose access to key repayment plans and loan forgiveness paths as Congress moves forward with major legislative changes.
‘This isn’t a real school’: Online university UMass Global could be a financial liability for the state | The Boston Globe
“I think that there is something that doesn’t feel right about labeling something ‘UMass’ that is not, as far as I can tell, accountable in any way to the people of Massachusetts,” says Eileen Connor, president and executive director of the Boston-based Project on Predatory Student Lending.
CAC in Action: Standing Up for Higher Ed Reform at the Department of Education Hearing
Members of PPSL’s Community Action Council, which launched earlier this spring, are already stepping into action—and up to the microphone.
Campus Files Podcast Spotlights For-Profit Colleges and Borrower Stories
This spring, the Project on Predatory Student Lending (PPSL) joined forces with Audacy Podcasts to spotlight the real stories behind for-profit colleges on the hit show Campus Files.
The federal student loan portfolio isn't an attractive asset | The American Banker
One thing is clear: inflated valuation flows from distorted incentives, with borrowers and taxpayers bearing the brunt. Sale or not, it’s time for lawmakers to have an honest conversation about the actual cost of the federal student loan program.
Court Continues to Side with Student Borrowers Against Attempts to Intervene in $6 Billion Borrower Defense Settlement
The Ninth Circuit denied the petition for a rehearing from one of three intervening schools, reinforcing that the intervenors have no standing in the settlement.
Cyber School by College Uncovered | GBH News & The Hechinger Report
Online higher education has come a long way since its predecessor, the correspondence school. The universal shift to remote learning during the pandemic only accelerated that momentum. It has also allowed more comprehensive research into whether online teaching works as well as the in-person kind.
Court Denies MOHELA’s Attempt to Dismiss Borrowers’ Lawsuit
Borrowers from predatory for-profit institutions sued the lender after it failed to implement student loan discharges ordered by the Department of Education
PPSL Launches Borrower-led Community Action Council
New council will focus on advocacy and efforts to advance borrowers’ rights and drive systemic changes in higher education as Department of Education gets dismantled.