borrower defense rule

Betsy DeVos Delays Student Loan ‘Borrower Defense’ Rule Until At Least 2019

Betsy DeVos Delays Student Loan ‘Borrower Defense’ Rule Until At Least 2019

Despite the pleas — and legal actions — of lawmakers, consumer advocates, and students, Secretary of Education Betsy DeVos quietly announced Friday that the Department of Education will further delay, by nearly two years, rules intended to prevent students at unscrupulous schools from being left with nothing but debt if their college collapses. [More]