Student Advocates Announce Closed School Discharges for Over 30,000 Student Borrowers
The Project on Predatory Student Lending, Student Defense, Housing and Economic Rights Advocates WASHINGTON, DC – Student Defense and the Project on Predatory Student Lending issued statements today responding to the U.S. Department of Education’s confirmation...Coalition Letter to Education Department on Education Corporation of America and Vatterott College Closures
35 organizations and advocates for students, families, taxpayers, veterans and service members write to the U.S. Department of Education to express concern about students impacted by the sudden closures of both Education Corporation of America (ECA) and Vatterott...
Low-income borrowers graduate with more debt and greater risk of default. 21% of #PellGrant recipients, most with incomes under $40k, default within 12 years. At #4profit colleges, the default rate jumps to 52% #DefendStudents #StopTheDebtTrap @EdDebtJustice @TICAS #JustEconomy
Of the 44 million student loan borrowers, nearly 1 in 5 is currently in default on one or more federal student loans. #FairDebt #DefendStudents #ProtectBorrowers #JustEconomy @RealBankReform @NCLC4consumers https://www.nclc.org/images/pdf/student_loans/report-inequitable-judgments-april2019.pdf