An Obama-era regulation that helped students who were deceived by for-profit colleges have their loans forgiven has taken hold after a federal judge ruled it be implemented immediately despite delays by the Department of Education and Secretary Betsy DeVos, CNN reports.
Why it matters: DeVos' delays of the rule will only add to the criticism she has faced in her support of for-profit colleges. The Borrower Defense rule creates a way for students to apply for loan forgiveness if they were defrauded by a college. DeVos froze regulations weeks before it was set to take hold.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.