*NEW* Update On Court Fights

Last month, judges heard two important cases in the fight for debt relief. Important: Though these cases are being tried on behalf of individuals or a specified group, the decisions made in these cases will set legal precedents that could help everyone going forward. Case #1: We lost, but there…

Update on Our Court Fights

Since for-profit college borrowers began fighting for debt relief in 2014, they have battled both democrats, republicans as well as loan servicers and collectors. Recently, some former Corinthian students finally started getting debt relief. While this is a good start, it is not enough. In fact, some borrowers are only…

ITT Tech Bankruptcy - FAQ

*UPDATE: On January 24, the Court approved the settlement described in this post. For information on how to submit a comment on the settlement to the Court, go here. Why did ITT Tech Declare Bankruptcy? ITT advertised itself as a quality school offering degrees that would change people‚Äôs lives.…

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…