Tag Archives: For-Profit schools

Reverse Redlining, Discrimination, and For-Profit Education

Redlining is the practice of denying credit to particular neighborhoods on a discriminatory basis.  The flip side is reverse redlining, the practice of targeting these same communities or protected classes for predatory lending.  The creditor may not even offer better … Continue reading

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Holding the For-Profit Education Sector Accountable

As more and more problems with for-profit schools come to light, the states have joined the effort to increase oversight and hold schools accountable.  A number of state Attorney General offices joined the federal Department of Justice in a whistleblower … Continue reading

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Recommendations and Comments for Department of Education Rulemaking

We submitted these comments to the Department of Education last week.  We will write a number of articles the next few weeks with more details about key proposals.  Our recommendations focus on strengthening relief for borrowers who are harmed by … Continue reading

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Listening to For-Profit School Students

Student voices are rarely heard in the debate over for-profit education.   As representatives for borrowers, we do our best to pass on their experiences, but we are generally drowned out by the industry-driven noise and distractions. One of the most … Continue reading

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Looking Back at 2010 (Part 2)

Our clients and others like them have been the targets of proprietary school abuses for many years.  Starting last year, the Obama Administration and Congress started paying more attention to these issues.  This included Department of Education negotiated rulemaking sessions … Continue reading

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Looking Back at 2010 (Part 1)

It is almost the end of yet another year, a very important year in the student loan world.  During this December time of reflection, we include below noteworthy articles and blogs from 2010.  This is not an exhaustive list by any … Continue reading

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Shattered Dreams, Consumer Fraud and For-Profit Education

It is good news that the Department of Education and Congress are starting to take a closer look at the for-profit higher education industry.  Our low-income clients have struggled for years trying to pay back debts from rip-off schools.  Unfortunately, … Continue reading

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Quick Review of 2009

2009 was a big year in the student loan world.  Unfortunately, as the economy has worsened and joblessness rates have increased, more and more student loan borrowers are finding it difficult to deal with overwhelming debt loads.  We will write … Continue reading

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