Project on Predatory Student Lending: Statement Regarding 5th Circuit Ruling on Borrower Defense
April 06, 2024
April 06, 2024
BOSTON, Massachusetts, April 6 -- The Project on Predatory Student Lending issued the following statement on April 5, 2024:
* * *
The U.S. Court of Appeals for the Fifth Circuit issued an order maintaining the injunction of the borrower defense rule in the case Career Colleges and Schools of Texas vs Cardona. The case attempts to stop the Department of Education's 2022 Borrower Defense to Repayment Rule, a critical safeguard allowing student borrowers cheated by their s . . .
* * *
The U.S. Court of Appeals for the Fifth Circuit issued an order maintaining the injunction of the borrower defense rule in the case Career Colleges and Schools of Texas vs Cardona. The case attempts to stop the Department of Education's 2022 Borrower Defense to Repayment Rule, a critical safeguard allowing student borrowers cheated by their s . . .