By Andrew Pillow
Betsy DeVos recently announced her plan to end two regulations that were meant to control the growing sector of for-profit colleges and universities. Under the regulations schools were required to provide relief for defrauded students.
The Borrower Defense to Repayment regulation specifies how students that have been defrauded can apply to have their loans forgiven. The department is currently processing 16,000 forgiveness claims.
18 sates are now suing DeVos over this decision. Massachusetts, California, Connecticut, Delaware, Hawaii, Iowa, Illinois, Maryland, Minnesota, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, Washington, and the District of Columbia have all signed on to the lawsuit.
The U.S. District Court claim accuses DeVos and the Department of Education of violating federal law by “abruptly” ending the Borrower Defense Regulation. They have asked the court to declare the DeVos’s delay unlawful and to implement the law, as it was supposed to go in to effect July 1.
Read more here. (US NEWS)