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The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix. The action applies to borrowers who enrolled in Phoenix ...
Similar to Wednesday’s announcement about the University of Phoenix, the Department of Education canceled $72 million in federal student loan debt in August for more than 2,300 borrowers who ...
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The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers in 2019, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. [ 92 ]
On July 25, 2018, Education Secretary Betsy DeVos issued an order declaring that the Borrower Defense Program (enacted in November 2016), [33] would be replaced with a stricter repayment policy, effective July 1, 2019. [34] When a school closes for fraud before conferring degrees, students would have to prove that they were financially harmed. [35]
In 2022, the Art Institute was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School.
In 2022, ITT Technical Institute was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School.
Borrowers who think GCU made misrepresentations may qualify for borrower’s defense discharge and should apply online or call the Department of Education’s hotline at (855) 279-6207 if they ...