Borrower Defense

Coalition letter from 37 organizations to the Department of Education sharing its negotiated rulemaking priorities including substantial student and borrower representation among negotiators, and strengthening safeguards against predatory practices from for-profit institutions by reinstating the gainful employment regulation and having a strong borrower defense rule.

A broad set of speakers including students, student loan borrowers, advocates, institutional leaders, and lobbyists provided their thoughts on the ambitious set of priorities the U.S. Department of Education (ED) proposed to include as part of its upcoming negotiated rulemaking (neg reg) process.

Learn about Borrower Defense to Repayment -- a provision in the Higher Education Act that's intended to providerelief for students defrauded by their colleges.

TICAS commends the U.S. Senate, as part of the American Recovery Act of 2021, for acting to close the 90/10 loophole contributing to the exploitation of veterans & military-connected students. Better capturing taxpayers’ investments will help identify and address risky colleges.

Coalition letter urging Senate Majority Leader Schumer and Minority Leader McConnell in support of the closing the 90/10 loophole in the American Rescue Plan of 2021.

Most colleges and universities help millions of Americans earn a degree or diploma to lead to economic security and a better life. In the wake of the Great Recession, it was revealed that too many for-profit colleges – by enrolling hundreds of thousands of students – sought to take advantage of the federal financial aid system to make windfall profits.