News
Raising the Bar for Loan Forgiveness | Inside Higher Ed
In her first significant act as Education Secretary more than two years ago, Betsy DeVos said she planned to overhaul an Obama administration student loan rule designed to protect borrowers defrauded by their college. Despite her efforts, the Obama borrower-defense regulations took effect last year. But on Friday DeVos capped off a two-year effort by issuing her own rule, which scales back loan forgiveness opportunities for student borrowers.
Student Loans: Betsy DeVos Rule Change Means College Students Must Fight for Loan Forgiveness | USA Today
The U.S. Department of Education issued new rules late Friday could make it more difficult for students to get federal loan forgiveness if they attended colleges that close suddenly. The rules, which have been known as "borrower defense," have been the subject of controversy for much of Betsy DeVos’ turn as education secretary.
DeVos Tightens Rules for Forgiving Student Loans | Politico
Education Secretary Betsy DeVos on Friday finalized rules that make it more difficult for federal student loan borrowers to cancel their debt on the grounds that their college defrauded them, scaling back an Obama-era policy aimed at abuses by for-profit colleges.
DeVos Toughens Rules for Student Borrowers Bilked by Colleges | The New York Times
Education Secretary Betsy DeVos on Friday significantly tightened Obama-era rules for student borrowers who say their schools defrauded them, imposing a deadline on claims and eliminating a requirement that the department automatically wipe away the loans of some students whose schools closed while they were enrolled.
Elizabeth Warren Took On Obama Over Student Debt Forgiveness. How She Won Is Central To Her 2020 Campaign | BuzzFeed News
In 2015, when she found herself on Air Force One with then-president Barack Obama, Sen. Elizabeth Warren seized the chance to pressure the most powerful man in the world about an obscure part of federal tax law.
DeVos Sued by Students Seeking College Loan Relief | Detroit Free Press
Former students of predatory, for-profit colleges are suing Education Secretary Betsy DeVos, claiming the U.S. Department of Education intentionally refused to process their applications for federal loan relief. According to the Huffington Post, DeVos halted the implementation of the Borrower Defense to Repayment regulation in June 2017, leaving the plaintiffs of the lawsuit, and many other students who were not listed, in crippling debt and without a clear path to financial recovery.
I’m Drowning In $120K Of Student Debt And I’m Suing Betsy DeVos To Make Her Fix That | HuffPost
I am drowning in more than $120,000 of student debt after being defrauded by a for-profit college, and I refuse to wait for relief from the Trump administration. That’s why I am going on the offense and suing Education Secretary Betsy DeVos. More than 158,000 other former students are doing the same.
At the US Education Department, Applications for Loan Forgiveness Languish | CNBC
When Morgan Marler’s 5-year-old daughter, Lilian, asks her why she doesn’t work anymore, Marler doesn’t know what to say. “I can’t explain debt to her,” Marler, 29, said. “And how I went to school and it was all for nothing.” Marler attended ITT Technical Institute, a now-shuttered for-profit school, between 2013 and 2016.
Lawsuit Accuses For-Profit Colleges of Deceptive Practices | Telegram
Growing up on a farm in Lunenburg, Jessica Jacobson dreamed of becoming the first in her family to go to college. She graduated from Montachusett Regional Vocational Technical School in Fitchburg in 2002, and went on to get an associate degree in web design from Mount Wachusett Community College in Gardner.
For-Profit College Students are Waiting 958 Days for Loan Relief | CNN
Morgan Marler had trouble finding a job when she graduated from ITT Tech with an associate's degree in information technology in 2016. "I'd get an interview, but after they saw my degree was from ITT Tech -- they didn't necessarily laugh at me -- but I could tell they held it against me," Marler, 29, told CNN this week.