California has secured $67 million in private loan debt relief for students defrauded by Corinthian Colleges, but many others still owe millions in federal loans under a Trump administration policy.
Read moreEducation Secretary Besty Devos need not provide full debt relief to more than 60,000 defrauded students, but she must stop collecting on their loans, a federal judge said in court Monday.
Read moreMassachusetts Attorney General Maura Healey has asked a judge to bar the for-profit nursing school Medical Professional Institute from future operations, noting that its shutdown in 2016 on the heels of state action left dozens of students in the lurch.
Read moreA Justice Department lawyer on Monday defended cutting loan debt relief for some 100,000 students defrauded by Corinthian Colleges, arguing the Department of Education never promised to wipe out all of their debt.
Read moreDespite DeVry University’s $49 million settlement with the Federal Trade Commission over false advertising, a federal judge ruled Monday that DeVry graduates cannot sue the for-profit college for falsely claiming 90 percent of its graduates found a job in their chosen field six months after graduation.
Read moreThe Education Department’s plan to provide only partial relief to some students defrauded by for-profit colleges could reduce overall payments by about 60 percent, according to a preliminary analysis obtained by The Associated Press.
Read moreEducation experts are voicing alarm over a new debt-relief plan for students defrauded by for-profit colleges. Billed as a fair compromise for borrowers and lenders, the new tiered system unveiled five days before Christmas is a deliberate departure from the original iteration.
Read moreThree states brought a federal complaint Thursday against the government for enforcing debt collection against students who were defrauded by a defunct chain of for-profit colleges.
Read moreAccusing a major for-profit college of stealing the “American Dream from its students,” California Attorney General Xavier Becerra on Wednesday sued Ashford University on claims of fraud and false advertising.
Read moreThe government’s abandonment of disclosure requirements for for-profit colleges spurred a federal complaint Tuesday by 18 Democratic attorneys general.
Read moreTens of thousands of former students who say they were swindled by for-profit colleges are being left in limbo as the Trump administration delays action on requests for loan forgiveness, according to court documents obtained by The Associated Press.
Read moreAlmost 13,000 students who enrolled in the now-defunct for-profit college Corinthian will receive a total of $51 million in debt relief, California’s attorney general said.
Read moreTrying to keep afloat the new debt-relief system tailored to defrauded college students, 19 states slapped Education Secretary Betsy DeVos with a federal complaint Thursday.
Read moreWithout admitting any wrongdoing, DeVry University reached a $455,000 settlement with Massachusetts on charges that the for-profit school made misleading claims about the salaries and employment prospects of its graduates.
Read moreThe U.S. Department of Education was justified in using reported income of graduates as a measure of whether beauty school students qualified for federal financial aid, but made it too arbitrarily difficult for the schools to challenge its determinations, a federal judge ruled.
Read moreWeeks ahead of a regulatory rollout geared at helping students saddled with predatory student loans, a group representing private vocational schools in California has brought a federal complaint contenting the rules as an existential threat.
Read moreStudents claim in court that profit-seeking Laureate Education deliberately allowed the Santa Fe University of Art and Design to fail, stranding them in the middle of the academic year.
Read moreA defunct profit-seeking college chain and its owner must pay $22 million for defrauding the federal government and submitting false information to get federal aid for unqualified students, federal prosecutors said. The owner also has been sentenced to prison.
Read moreSAN DIEGO COUNTY SUPERIOR COURT
In a derivative shareholder complaint against Bridgepoint Education, Randy Larson claims that the for-profit education company behind Ashford University and University of the Rockies misstated revenue as well as bad debt expense and accounts receivable.