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The Education Department canceled $1 billion of student debt but just for pending claims. Thousands of other defrauded students could be out there. 5 of the biggest for-profit colleges that were ...
More than 1 million defrauded borrowers attended for-profit or formally for-profit schools such as Westwood College, DeVry University, Corinthian College, Ashford University, CollegeAmerica, and ...
The Education Department (ED) is rejecting borrower defense claims of defrauded victims of predatory for-profit colleges, according to letters and emails received by three applicants who told ...
On November 17, 2022, Alsup ruled in favor of 200,000 student loan borrowers in a class action lawsuit who claim that they were defrauded by for-profit colleges/universities. Alsup calls the program's backlog "an impossible quagmire... As of now, approximately 443,000 borrowers have pending borrower-defense applications. That is a staggering ...
The Federal Trade Commission (FTC) is taking on for-profit schools, rolling out new fines for colleges that mislead students about jobs and earnings prospects.
The Biden administration on Wednesday said it will cancel $6 billion in student loans for people who attended the Art Institutes, a system of for-profit colleges that closed the last of its ...
Three for-profit colleges appealed to block a settlement that would cancel more than $6 billion in student loans for 200,000 borrowers who applied for a debt discharge because they believed their ...
Many for-profit colleges sought to take advantage of this exclusion and focused their recruiting on troops and veterans. In 2012, the Senate Health, Education, Labor and Pension Committee investigation revealed the deceptive practices that some for-profit colleges use to recruit troops and veterans. [ 8 ]