Brooks Borrowers
  • HISTORY
    • 1949-1999
      • 1949 – Brooks was Founded
      • 1994 – NASDAQ : CECO
      • 1999 – CEC BUYS BROOKS
    • 2000-2005
      • 2001 – PROFIT & RECRUITMENT
      • 2003 – BIP WHISTLEBLOWER
      • 2004 – OTHER CEC SCHOOLS
      • 2005 – 60 MINUTES
      • 2005 – STUDENTS FILE SUIT
      • 2005 – UNDERCOVER INVESTIGATION
      • 2005 – MAXINE WATERS
      • 2005 – BPPVE REPORT
      • 2005 – FACULTY INFIGHTING
    • 2006 – 2014
      • 2006 – NON-COMPLIANCE
      • 2006 – BPPVE INVESTIGATION OVER
      • 2006- THE SHAREHOLDERS
      • 2006- Q2 EARNINGS CALL
      • 2006 – FACULTY PUNISHED
      • 2007 – STUDENTS ORGANIZE
      • 2007 – CLASS ACTION
      • 2008 – BIP DOWNSIZE
      • 2009 – CLASS ACTION WIN LOSE
      • 2010 – 2014 – MORE LAWSUITS
    • 2015 – 2022
      • 2015 – CEC OFFLOADS BROOKS
      • 2016 – ASICS DONE
      • 2016 – BROOKS SHUTTERS
      • 2017 – BETSY DEVOS
      • 2018 – CEC RECORD PROFITS
      • 2019 – 49 AGS CEC SETTLEMENT
      • 2020 – SWEET V. DEVOS
      • 2020 – CEC REBRANDS
      • 2021 – BIDEN ADMINISTRATION
      • 2022 – CONTINUED RESEARCH
  • DATA
    • INTRODUCTION
    • TOTAL DEBT OWED
    • ADMISSIONS &​ ​ENROLLMENT 
    • TUITION & FEES
    • GRADUATION & JOB PLACEMENT
    • DEFAULT RATE
    • WAS IT WORTH IT?
    • LIFE AFTER BROOKS
    • SECOND LEVEL IMPACT
    • CONCLUSION
  • The White Paper
  • ADVOCACY
  • RESOURCES
  • Documentary
  • CONTACT
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Trump’s New Student Loan Repayment Plan Could Wipe Out Your Pay Raise

The new plan has a troubling feature that could cause student loan payments to arbitrarily jump after borrowers experience a small pay raise.

Student Loan Forgiveness Surges Under Key Programs As 11,000 Borrowers Get Delayed Relief

The Education Department began announcing long-awaited student loan forgiveness approvals under key programs after a lengthy delay had left many in limbo.

Trump Rule Gutting Student Loan Forgiveness For Public Servants Faces Big Test In Court

The Trump administration’s efforts to limit student loan forgiveness under a popular federal program for public servants is facing a major new legal test this week

More Than 700,000 Borrowers Have Student Loans Stuck In Huge Backlogs

While the government is clearly making progress under some programs to discharge student loans, the situation is deteriorating for others. Here’s a breakdown.

Student Loan Borrowers Hit Back As Education Department Stalls On Discharges

Student loan borrowers filed a forceful response as the Education Department took steps to delay discharging student loans under a court-approved settlement.

Student Loan Payments May Soon Jump Under New Rules — Here’s How Much

After these new regulations go into effect in just a few months, millions of borrowers will start experiencing higher monthly payments on their student loans.

4 Major Dates For Student Loans Are Rapidly Approaching — Key Details

Here’s a rundown of some of the key dates for student loans that are coming up over the next few months, and what borrowers need to know about them.

Education Department’s Overhaul Of Student Loans Moves To Final Stage

The Education Department’s massive overhaul of student loans entered the final stage of a lengthy administrative process with the publication of final rules.

February Is A Huge Month For Student Loan Forgiveness — Here’s Why

The month of February will be critical for certain borrowers pursuing student loan forgiveness, and hundreds of thousands of borrowers could be impacted.

Trump’s Education Dept Cancelled $38 Million Fine Against Grand Canyon U, But School Just Paid $28 Million to Settle Separate Fraud Charges

Last spring, the Trump Department of Education quietly cancelled a $37.7 million fine against Grand Canyon University that resulted from a thorough investigation, during the Biden presidency, showing the school deceived numerous doctoral degree students regarding the...

Ex-Recruiter Sues For-Profit College Chain Perdoceo, Alleging Systematic Fraud

In a powerful legal complaint filed this month in federal court in Denver, Aidan Peters, a former admissions representative for Colorado Technical University (CTU), alleges that the for-profit, online school, owned by giant Perdoceo Education Corp., systematically...

Student Loans May Get Discharged And Refunded Automatically For 200,000 People As Key Deadline Passes

Tens of thousands of borrowers may be about to receive automatic student loan forgiveness after the U.S. Department of Education missed a key processing deadline.

3 Pauses On Student Loans Are In Effect Now — Here’s What They Mean

Some of the pauses on student loans may offer borrowers temporary relief, while others are simply injecting even more uncertainty. Here’s a breakdown.

Student Loans Hit Major Cutoff In Just 6 Months — Key Takeaways For Borrowers

Here’s what student loan borrowers should know about the July 1, 2026 cutoff, and what you should do to avoid restricting your options for your student loans.

Education Department Tries To Delay Student Loan Forgiveness For 170,000 Borrowers On Cusp Of Key Deadline

The Education Department filed a last minute request to extend the time window to process student loan forgiveness applications, just days before a key deadline.

Collection Efforts For Student Loans Are Now Halted For Some Borrowers — 5 Key Takeaways

The Education Department has suspended certain collections efforts for student loans, giving borrowers some breathing room. Here’s what it means for borrowers.

Student Loan Forgiveness Is Paused Again For These 2 Borrower Groups

The Education Department quietly confirmed last week that student loan forgiveness for certain borrowers under several income-driven repayment plans is paused again.

Student Loans Kicked Off The SAVE Plan Could Face 25 Months Of Processing

Application backlogs for IDR plans may be about to get a whole lot worse for borrowers with student loans enrolled in the SAVE plan.

Major Student Loan Servicer Failed 6.5 Million Borrowers, Says Amended Lawsuit

A major student loan servicer is facing accusations of widespread misconduct in a new amended complained filed in federal court last week.

Backlogs For Student Loans In IDR And PSLF Surge To 817,591, And Processing Could Take Years

At the current rate of processing, some borrowers with student loans eligible for loan forgiveness could be waiting many months, or even years, for a decision.

Student Loan Forgiveness Is Being Temporarily Limited, Says Education Department

The Education Department announced new limitations on student loan forgiveness this week, potentially delaying the discharges for certain borrowers.

These 8 Sweeping Student Loan Forgiveness Changes Happen In 2026

Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower will be impacted. Here’s a breakdown.

These Borrowers Seeking Student Loan Forgiveness Must Act By April 2026

Several million borrowers may lose access to affordable payments and eventual student loan forgiveness if they don’t take specific steps by April 1, 2026.

Many Americans With Student Loans Could Lose Their Tax Refunds In 2026

Millions of borrowers are set to have their tax refunds seized by the government due to outstanding defaulted federal student loans.

Student Loan Forgiveness To Ramp Up In February, Suggests Education Department

The Education Department may start accelerating student loan forgiveness processing in February. The update may be good news for borrowers, but uncertainty remains.

7 Million Student Loan Borrowers Likely To See Payments Jump Very Soon

More than seven million borrowers may soon see student loan payments skyrocket as the Education Department implements a settlement agreement that ends the SAVE plan.

Colorado Appeals Court Affirms That Carl Barney’s Colleges Scammed Students

Over the holidays, a shuttered chain of predatory career colleges operated by billionaire GOP donor Carl Barney continued their seemingly endless second life as a habitual courthouse litigant. On December 24, the Colorado Court of Appeals affirmed a $3 million penalty...

As Huge Changes To Student Loans Take Effect, Do These 7 Things

It’s a new year for student loans, and big changes are happening that will impact millions of borrowers across the country. Here’s what you can do.

Key Student Loan Forgiveness Tracker Won’t Return, Suggests Education Department

The Education Department quietly announced that there are no plans to restore a tracker that had allowed borrowers to assess their student loan forgiveness progress.

4 Big Updates For Student Loans Will Massively Impact 2026 Repayment

Major new updates announced by the Education Department this month could impact millions of Americans with federal student loans in 2026.

Wage Garnishment For Student Loans Starts In January — 5 Things Borrowers Should Do

Wage garnishment is set to begin in January. Here’s what borrowers who are in default on their federal student loans should know, and how to avoid losing their pay.

Student Loans Can Now Access Key Repayment Plan After Education Department Announces Fix

The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the way for more borrowers to apply.

Education Department To Limit Student Loan Forgiveness For 10 Years Under Agreement

Buried in the SAVE plan settlement is a provision that could place major restrictions on the Education Department’s ability to enact new student loan forgiveness.

Education Department Issues False Default Alerts For Student Loans

The Education Department issued alerts to borrowers this week, falsely indicating that their federal student loans are in default. And some people are panicking.

These Borrowers Seeking Student Loan Forgiveness Have 2 Weeks To Act

Some borrowers who qualify for student loan forgiveness must act within the next two weeks or they could face substantial financial penalties.

Trump Wants an Accreditation Revolution. These Emails Reveal the Players Behind It.

In a recent interview, Nicholas Kent, the Trump administration’s chief higher education official, signaled a desire to short-circuit the American system of college accreditation. Since the 20th century, accreditors deputized by the federal government have determined...
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