FTC Opens the Door to More Defense to Repayment Claims for Student Loan Forgiveness

The FTC made the announcement below that seems to open the door for students with federal student loans to explore the possibility of applying for a Borrower Defense Loan Discharge. The Federal Trade Commission put 70 for-profit higher education institutions on notice that the agency is cracking down on any false promises they make about … Read more

Listen to Actual Scam Robocall for Biden Student Loan Forgiveness

A good friend in the industry sent this robocall recording in. The message says, “This is an important update for []. Last week, President Biden’s administration canceled nearly $1 billion 72,000 borrowers, to find out what this means for you and to see if you qualify. Call us back today between eight AM and eight … Read more

Sweet v. DeVos: Judge Calls Education Department’s Borrow-Defense Process “Kafkaesque”

In 2019, a group of student-loan debtors filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos. Claiming to represent more than 100,000 student-loan borrowers, the plaintiffs accused DOE of issuing “blanket refusal[s]” when students tried to have their student loans forgiven based on claims they had been defrauded by the … Read more