No More Corinthians: Why Students Need a Strong Borrower Defense Rule

February 3, 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.


Why Students Need a Strong Gainful Employment Rule

February 3, 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.


Top 10 Ways the New Borrower Defense Rule is Worse for Borrowers

September 23, 2019

Federal law allows students whose schools have defrauded or cheated them to have their loans discharged.  In 2016, the Obama Administration issued a rule to articulate clear processes for applying for and granting borrower defense discharges. Today, the Trump Administration released a new rule that will make it almost impossible for students to get relief.


What to Know About the Gainful Employment Rule

August 12, 2019

Fact sheet on the Gainful Employment (GE) rule. The Higher Education Act (HEA) requires that all career education programs receiving federal student aid “prepare students for gainful employment in a recognized occupation,” however the HEA does not define “gainful employment.” The purpose of the Gainful Employment Rule is to provide that definition.