for-profit schools
DeVos Settles Suit Over Debt Relief for Defrauded Students
Students defrauded by for-profit colleges will finally get the U.S. Department of Education to make decisions on their requests for debt relief. But it could take up to 18 months.
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DeVos Says Student Debt Relief Class Action Now Moot
A Justice Department lawyer urged a federal judge Thursday to strike down a class action over long delays in processing student debt relief applications as moot, even as 171,000 borrowers remain “in limbo” with no decision from the U.S. Education Department.
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DeVos Sued for Nixing Rule to Protect Students From Worthless Programs
Education Secretary Betsy DeVos disregarded harm to student borrowers when she repealed an Obama-era rule designed to protect students from taking on debt for worthless education programs, critics claim in a lawsuit filed Wednesday.
Read morePunishing DeVos
Defrauded former Corinthian College students asked a federal judge to order more sanctions for the U.S. Department of Education and its secretary Betsy DeVos, after the department it revealed it has collected – and continues to collect – over $20 million from the students after being ordered to stop.
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DeVos Launches Latest Bid to Revamp Student Loan Forgiveness Plan
U.S. Education Secretary Betsy DeVos took another crack at revamping a student loan forgiveness program Tuesday, affecting thousands of students who took out federal loans to attend for-profit colleges that solicited attendance with fraudulent claims.
Read moreOver 45,000 Students Forced to Repay Loans by Mistake, DeVos Says
U.S. Education Secretary Betsy DeVos forced more than 45,000 defrauded students to repay loans in violation of a court order – far more than the 16,000 originally estimated, the department revealed in a court filing Tuesday.
Read moreMinnesota For-Profit Colleges Ordered to Refund Student Money
The Minnesota Supreme Court on Wednesday upheld orders requiring two for-profit colleges to refund tuition money to hundreds of former students defrauded by false assurances about a criminal justice degree.
Read moreBetsy DeVos
A federal judge certified a class who claim Education Secretary Betsy DeVos “arbitrarily and capriciously stonewalled (and continues to stonewall) the relief process with its ‘blanket refusal’ to process their borrower claims” against allegedly fraudulent profit-seeking colleges.
Read moreBetsy DeVos
A federal class action claims Secretary of Education Betsy DeVos illegally continues to demand student loan payments from more than 7,000 students of the former Everest Institute, run by Corinthian Colleges, which was shut down for fraud; Massachusetts filed a similar complaint in the same court.
Read moreDeVos Sued for Stalling Forgiveness of Student Loan Debt
The U.S. Education Department’s refusal to process borrower defense claims has left more than 160,000 students “in limbo,” damaged their credit and permanently delayed their accumulation of wealth, student borrowers claim in a class action filed Tuesday.
Read moreEducation Fraud
A federal judge refused to dismiss claims that the for-profit Capella University misrepresented that its program could be completed in three years, though the average length required is six years, with corresponding increases in tuition payments.
Read moreWhite House Blasted for Failing to Protect Student GIs
U.S. Representatives Susan Davis and Mike Levin – chairs of House subcommittees on education and labor and Veterans’ Affairs – hosted a joint hearing Wednesday on how to protect student veterans from for-profit institutions in light of enforcement and oversight rollbacks by the Trump administration.
Read moreHouse Panel Takes Up Oversight of For-Profit Schools
In a House subcommittee hearing Tuesday on the regulation of for-profit colleges, lawmakers across the aisle agreed that Congress needs to intervene against predatory behavior from private institutions like the now-defunct ITT Technical Institute and Argosy University.
Read moreCorinthian Colleges
The SEC claims in a federal complaint that Jack D. Massimino and Robert C. Owen, former CEO and chief accounting officer, respectively, of defunct, profit-seeking Corinthian Colleges aided and abetted Corinthian’s securities violations
Read moreStudents of For-Profit College Freed From Debt
Attorneys general for 48 states and the District of Columbia settled potential consumer fraud claims against a for-profit college in a deal that includes $493.7 million in debt forgiveness for nearly 180,000 former students nationwide.
Read moreDevos Sued for Denying Automatic Student Debt Relief
Despite a court order voiding efforts to delay Obama-era student borrower protections, the U.S. government continues to collect money from borrowers who are entitled to automatic debt relief, a consumer advocacy group claims in a new lawsuit.
Read moreJudge Orders Delayed Obama For-Profit Fraud Protection Be Enforced
A federal judge paved the way Tuesday for an Obama-era rule to take effect that helps protect students defrauded by for-profit colleges from predatory lending practices get their loans forgiven.
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