Among those who have had to wait too long for debt relief are more than 200,000 students who say they were tricked into taking valueless courses at for-profit college chains such as the now-defunct ITT Technical Institute and Corinthian Colleges. DeVos’ own staff found that those schools defrauded students by making misleading assurances about the jobs that students would find after training and about the money they would earn.
This ruling means no more #BorrowerDefense applications will be rejected by @BetsyDeVosED--a major win for defrauded student borrowers.
Victory is sweet. #DefendStudents https://www.forbes.com/sites/adamminsky/2020/11/24/in-victory-for-borrowers-devos-agrees-to-stop-mass-denials-of-loan-forgiveness-applications/?fbclid=IwAR2ySrVUalIWE31RWRaTi5PKtq4xuevL9ogzNr1YAtk4OW_BroIkK4Da3iU
“I’m very concerned about a switch being flipped on January 1st. Even if it's turned off weeks later … are we going to see this whole host of problems all over again?” said Persis Yu @NCLC4consumers. 2/2 #ProtectBorrowers #DefendStudents #COVID19 #4profit https://www.washingtonpost.com/education/2020/11/23/defaulted-student-loans-collections-coroanvirus-aid/