On July 1, 2020 the Department of Education’s newest borrower defense rules went into effect and made it much harder for defrauded borrowers to get loan relief. The Department of Education falsely claimed that it needed new rules to guard against students’ “frivolous” claims, even though it provided no evidence that students were submitting frivolous […]
By Jane Greengold Stevens and Danielle Tarantolo, Co-Directors of Special Litigation Unit, New York Legal Assistance Group This post originally appeared on http://www.huffingtonpost.com/entry/59a870f5e4b0d0c16bb523c2 andhttp://nylag.org/blog/2017/08/relief-in-sight-for-defrauded-student-borrowers. Former students who attended the “Wilfred Beauty Academy” in the late 1980s and ‘90s should keep an eye on their mail. Guaranty agencies, servicers, and the U.S. Department of Education are beginning to notify […]