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Debt Relief for All Former ITT Students
Total debt is $3.9 billion. The Education Department also announced that it will seek to recoup $24 million from DeVry University.
For-Profits Seek to Intervene in Federal Borrower-Defense Settlement
The motion could delay the discharges of $6 billion in student debt arranged by the recent settlement by the Department of Education in Sweet v. Cardona.
Borrower-Defense Claims Could Be Paid by Colleges
Newly proposed regulations from the Education Department would create clear steps to hold colleges accountable to paying for recouped federal student loans.
What Biden’s Title IX Rules Mean for Due Process
Critics of newly proposed Title IX regulations fear that the Biden administration is stripping away due process; others believe the Department of Education is striking an appropriate balance.
Gainful Employment Change Could Harm For-Profits
New study shows that twice the number of for-profit colleges could fail under potential changes to gainful employment by the Biden administration than would have under the old rules.
$5.8 Billion for Former Corinthian Students
Education Department will make the largest group discharge of federal student loans in U.S. history.
Goodwin President Must Retire as Part of DOJ Settlement
Mark Scheinberg paid students’ loans as owner of the for-profit Stone Academy, according to the Department of Justice. That action will cost him his position as president of Goodwin University.
Biden Hints at Student Loan Forgiveness, but Many Questions Remain
President Biden suggests he will move to forgive some student debt. When a final decision will occur and whether his plan will be successful is still unknown.