1 November 2018
The Project on Predatory Student Lending has scored major court victories to sure-up the rights of students who were cheated by for-profit colleges. On four separate occasions in October, judges rebuked Betsy DeVos’ efforts to roll back student protections, struck down illegal policies, and ruled in favor of students. If you were defrauded by a for-profit college, here’s what these rulings mean for you.Blog, For-Profit Programs, Issues, Partners
10 October 2018
A coalition of advocacy groups, civil rights organizations, and state attorneys general have pushed back against Secretary of Education Betsy DeVos in her attempts to eliminate vital regulations protecting student loan borrowers. Sara Garcia, a policy analyst for the Center for American Progress, identifies and discusses certain cases under review in the areas of federal student loan servicing and borrower protection.Blog, Existing Student Debt, For-Profit Programs, Issues
96 Out of 28,000 Borrowers Approved for Public Service Loan Forgiveness … What Does This Mean for Everyone Else?
10 October 2018
Recently, shocking reports came out showing that less than 1% of people enrolled in the Public Service Loan Forgiveness (PSLF) program were actually approved for loan forgiveness after 10 years of payments. As we would later find out, many people thought they were enrolled in PSLF, but were denied this benefit due to deceitful practices by student loan companies.
Persis Yu of the National Consumer Law Center details how so many enrolled in PSLF were denied loan forgiveness, why this is an indictment of the billion-dollar student loan industry, and what groups are doing to hold student loan companies accountable for deceiving borrowers out of loan forgiveness.
4 October 2018
Though Sec. Betsy DeVos wanted to curtail students’ protections from predatory, for-profit colleges, the sheer volume of comments and stories submitted by the public have forced her to delay her dangerous deregulation agenda. This is a victory for students, especially those who were defrauded by predatory colleges and are waiting for relief from their student loans.
Here’s what our partners and allies had to say about this great news.
A Blueprint for College Without Debt: A Policy and Messaging Guide for States to Make Higher Education Affordable Again
2 October 2018
A new policy and messaging guide by Mark Huelsman at Demos looks at how states should think about designing tuition-free or debt-free college programs, focusing on how these programs should address the student debt crisis and educational inequities for low income and minority groups.Affordability / Quality, Blog, Fact Sheets, Free Community College, Partners