Ending Predatory Student Lending Practices

In some of the most egregious instances, students are forced to pay back public loans even when a college closes or loses its accreditation.

By the: Communications Team

Issue

Higher Education

Initiative

Accountability

Published

Dec 01, 2017

Below: Harvard University’s Legal Services Center is currently working with students who attended schools operated by the now defunct ITT Educational Services. (Michael Conroy/The Associated Press)

For-profit colleges and universities are trapping students in a cycle of debt by charging high tuition rates without providing the skills and knowledge needed to succeed in the workforce. In some of the most egregious instances, students are forced to pay back public loans even when a college closes or loses its accreditation. We funded the Project on Predatory Student Lending at Harvard University’s Legal Services Center to represent students in borrower defense claims. The center is currently working with students who attended schools operated by the now defunct ITT Educational Services and is seeking an injunction to stop the college from collecting loans made directly to individuals as well as restitution for students in bankruptcy proceedings.

This story is part of the 2017 Annual Report See Report

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