News Story (NATIONAL)
Associated Press (AP)
November 9, 2017
READ THE FULL STORY HERE
Tags: For-profit college, Student Loan Forgiveness
Organizations mentioned/involved: Harvard Law School
The study by the Century Foundation represents the most thorough analysis to date of the nearly 100,000 loan forgiveness claims known as borrower defense received by the agency over the last two decades and paints an alarming picture of the state of for-profit higher education in America.
The report comes as Education Secretary Betsy DeVos faces criticism for halting two Obama-era regulations that would have added protections for students. Review of tens of thousands of claims has stalled, and the department is considering abandoning the practice of full loan cancellation in favor of partial forgiveness. Student advocates point to the Trump administration’s ties to the for-profit industry and accuse DeVos of putting industry over students.