Westwood College shut down in 2015 and was later accused by the department of misrepresenting graduates' employment prospects. Students should have qualified for a kind of relief for those defrauded by for-profit schools.Getty Images Student-loan borrower advocates sued the Education Department over stalled relief claims. Former students of Westwood College in Illinois have been waiting over six years for debt relief. Westwood was accused of misrepresenting employment prospects, leaving students worse off. After a for-profit college accused of predatory behavior shut down, its students were promised student-loan relief.

BING NEWS:
  • Biden’s latest plan for student loan cancellation moves forward as a proposed regulation
    The Education Department on Tuesday filed paperwork ... college officials, state officials, borrower advocates and loan servicers. During that process, advocates pushed for a fifth category ...
    04/16/2024 - 2:47 am | View Link
  • Here’s Who Will Benefit From Biden’s $7.4 Billion in Student Loan Forgiveness
    not what a borrower currently owes, per the Education Department. $3.5 billion through income-driven-repayment plan adjustments Another $3.5 billion will be erased from the accounts of borrowers ...
    04/12/2024 - 9:11 am | View Link
  • Student loan borrowers could have up to $20,000 in interest forgiven as early as this fall—here's who qualifies
    As early as this fall, federal student loan borrowers could see excessive interest charges wiped off their debt, according to the Department of Education ... Under Biden's new loan forgiveness ...
    04/12/2024 - 4:22 am | View Link
  • Biden’s Student Loan Howlers
    Journal Editorial Report: Students fall down the U.S. Education ... debt “relief” to borrowers through his sweetened income-based repayment plans. These plans cap borrower payments at 5% ...
    04/9/2024 - 11:52 am | View Link
  • Student-loan borrowers in public service are facing a key change starting in May — and it'll mean delays in their debt cancellation progress
    Some key changes are on the way for thousands of federal student-loan borrowers in public service. President Joe Biden's Education ... on MOHELA's borrower portal," the department said in its ...
    04/3/2024 - 6:13 am | View Link
  • More

 

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