Court Finds Policy Limiting Loan Relief to Corinthian Borrowers Illegal, Stops Loan Collection Until New Policy is Approved

June 26, 2018
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By the Project on Predatory Student Lending at the Legal Services Center of Harvard Law School, which is representing the plaintiffs in Calvillo Manriquez v. DeVos. This post originally appeared on https://predatorystudentlending.org/updates/update-preliminary-injunction-granted-what-
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Important Student Protections Now at Risk: Department of Education Announces Rewrite of Brand-New Borrower Defense and Gainful Employment Rules

July 05, 2017
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As recently as this April, we explained that Congress chose not to roll back the important protections for defrauded student loan borrowers provided by the Department of Education’s borrower defense rules. Unfortunately, the Department has not only delayed implementation of the bulk o
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Borrower Defense Rules to Protect Students Live Another Day

April 07, 2017
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Advocates for student loan borrowers breathed a sigh of relief on March 30, when the deadline passed for Congress to introduce a resolution to roll back the new “borrower defense” rules.  These rules are designed to protect students and taxpayers from harm by predatory sch
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Defrauded Corinthian Students Sent Confusing 1099-Cs

March 15, 2017
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According to the IRS, if you went to a Corinthian school and had your loans canceled under the borrower defense rule, you should not owe taxes on the canceled amount. Unfortunately, we have learned that the Department of Education and its servicers sent IRS forms 1099-C to Corinthian
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Education Department’s New Rules Provide a Clearer Path to Relief for Borrowers Harmed by their School, But Real Impact Will Depend on How the Department Implements the Rules

October 31, 2016
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On Friday, the U.S. Department of Education announced final regulations to protect federal student loan borrowers and taxpayers against closures and misconduct by predatory schools like we saw with the now closed Corinthian Colleges. The regulations, most of which are scheduled to go
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