According to the Associated Press, tens of thousands of former students who say they were swindled by for-profit colleges are being left in limbo as the Trump administration delays action on requests for loan forgiveness.
1. Why is the Department of Education sitting on the claims? How many claims are there?
2. Who has Education Secretary Betsy DeVos selected to enforce these claims? What is this person’s background?
3. What happened to Corinthian Colleges and ITT Technical Institute?
4. If you had a claim, what could you do at this point?
Danilova, M. (2017). Big hold-up for borrowers claiming for-profit college fraud. APNews, Sep. 12 (Retrievable online at https://apnews.com/057b28074e0348538177a7c7dff1db72/Big-holdup-for-borrowers-claiming-for-profit-college-fraud)