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Department of Education Student Loans For Profit Colleges

Cooley LLP

ED Revises Its Interpretation of 90/10 Rule

Cooley LLP on

The US Department of Education (ED) will now allow proprietary institutions to include revenue generated through distance programs in their calculations for federal student aid eligibility. On July 7, 2025, ED published...more

Cozen O'Connor

U.S. Department of Education Discharges Student Loans for Victims of Alleged Art Institutes Deceit

Cozen O'Connor on

Massachusetts AG Andrew Joy Campbell, Pennsylvania AG Michelle Henry, Iowa AG Brenna Bird, and the U.S. Department of Education (DOE) announced that the DOE approved $6.1 billion in automatic student loan relief for nearly...more

Cozen O'Connor

U.S. Department of Education Discharges Student Loans for Victims of Alleged Ashford University Deceit

Cozen O'Connor on

The U.S. Department of Education (DOE) approved $72 million in borrower defense to repayment discharges for students of online for-profit school Ashford University, which allegedly made substantial misrepresentations to...more

Alston & Bird

U.S. Department of Education Approves $415 Million in Borrower Defense to Repayment Discharges

Alston & Bird on

Our Education Team examines how the Borrower Defense Rule is again expanding under the Biden Administration, beginning with a huge decision involving, for the first time, for-profit schools that are still operating. Nearly...more

Cozen O'Connor

Wine Asset Sale Watered Down | Fake Vaccination Cards | Misleading Franchisee Offer

Cozen O'Connor on

2022 AG Elections- County District Attorney Launches Bid for Wisconsin Attorney General- •Fond du Lac County DA Eric Toney announced his candidacy for the Republican nomination in the 2022 race for the Wisconsin AG’s...more

Goodwin

Pennsylvania AG Settles with Student Loan Debt Buyer for $2.6 Million

Goodwin on

On April 6, 2021, the Pennsylvania Attorney General (Pennsylvania AG) announced that it reached an agreement with a Texas-based debt buyer concerning a portfolio of student loan debt it purchased from a now-defunct for-profit...more

Ballard Spahr LLP

Student Loan Advocacy Group Pushes Department of Education to Increase Oversight of For-Profit Colleges and Contractors

Ballard Spahr LLP on

The Student Borrower Protection Center (SBPC)—an organization established by former CFPB Student Loan Ombudsman Seth Frotman—recently published an article examining the Department of Education’s oversight of “lead...more

Fisher Phillips

Proposed Borrower Defense Rules May Significantly Impact Higher Education Institutions

Fisher Phillips on

The US Department of Education (ED) recently released a significant Notice of Proposed Rulemaking which could impact most institutions of higher education. In a nutshell, the proposed regulations are designed to provide...more

Carlton Fields

U.S. Department of Education Outlines Loan Relief Pathway for Certain Students

Carlton Fields on

On March 11, the U.S. Department of Education (DOE) released an advanced proposal of rulemaking that would establish a more "borrower-friendly process" for students seeking loan relief triggered by unscrupulous conduct by...more

McGuireWoods LLP

CFPB Pursues Recovery Against For-Profit College Corinthian and Relief for Its Students

McGuireWoods LLP on

Corinthian Colleges (Corinthian) announced on April 26 that it would cease operations at its remaining physical campuses. This announcement refers to the 30 or so physical campuses that Corinthian continued to operate...more

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