https://vetsedsuccess.org/coalition-letter-to-the-university-of-arkansas-trustees-regarding-the-potential-purchase-of-the-university-of-phoenix/
4 replies (most recent on top)
By the way, the 32,040 Borrower Defense claims are only up to January 2022.
DeVry is challenging 1,800 Borrower Defense to Repayment claims for $23 million.
https://www.highereddive.com/news/higher-ed-lawsuits-2023-supreme-court-daca-student-loan-forgiveness/639883/
UoPX has 32,040 claims and counting. Claims, properly adjudicated, could run in the hundreds of millions with the possibility for much more. UoPX likely has more than a million debtors if we go along with the Looney-Yannelis estimates. And that bill could run in the billions.
https://www.highereducationinquirer.org/2022/01/how-university-of-phoenix-failed-its.html
DeVry's case for just 1,800 students.
https://www.thelayoff.com/t/1kGmNV2x
Correction: 32,040