Debt Collective Statement on Defense to Repayment Negotiated Rulemaking

Next week, the Department of Education will hold the first in a series of meetings ("neg reg") on Defense to Repayment, the law that says students who were defrauded by their school have a right to have their federal loans cancelled. The Debt Collective will not be participating in this…

Taking DeVos to Court

Last month, a group of for-profit colleges sued the Department of Education over the defense to repayment (DTR) regulations we fought hard for. Obviously the Betsy DeVos-led Department of Education isn't exactly enthusiastic about defending these regulations. They're probably hoping to use this lawsuit as ammunition in their quest to…

Statement on the Trump Administration's Delay of Defense to Repayment

Today the Trump Administration announced that it would try to halt the new “Defense to Repayment” regulation put in place last year. This means that the vast majority of former for-profit students who are fighting for relief are getting screwed over by the same administration that promised to “drain the…

Debt Striker Makes Progress in Lawsuit Against Dept of Ed

The fight for student debt cancellation started with a debt strike over two years ago and has continued on multiple fronts since. The fight has been quiet lately, but that doesn't mean it hasn't been moving forward. A Debt Collective member achieved a small victory last week. Her victory could…

Victory for ITT Students: Temporary Credits Gone!

When ITT Tech declared bankruptcy, former ITT students in the Debt Collective sprung into action. Working with Harvard's Project on Predatory Student Lending, they formed a group to represent former ITT students' interest in the bankruptcy proceedings. This effort had its first concrete victory earlier this week. In the face…