Tougher for defrauded students to seek debt relief...DEFRAUDED students... Got to love the conservative values.
DeVos To Make It Tougher For Defrauded Students To Seek Debt Relief
July 27, 20184:31 PM ET
Heard on All Things Considered
ELISSA NADWORNY
InstagramTwitter
Education Secretary Betsy DeVos is proposing new rules to the Borrower Defense program.
Chip Somodevilla/Getty Images
The U.S. Education Department is proposing changes to Obama-era rules that offer debt relief for students who were defrauded by their colleges.
If you attended a school that misled you or engaged in misconduct, there's a government program called Borrower Defense to Repayment that helps get relief from your federal student loans. The rules that explain this program were introduced in 2016, after a number of high-profile cases involving some for-profit colleges.
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But critics and the administration have said those regulations were too broad — and allowed too many students to apply for relief.
"Basically, any students could raise their hand and qualify for free money," says Mary Clare Amselem, a policy analyst from the conservative Heritage Foundation. When colleges misbehave and students get those loans forgiven, she explains, taxpayers are on the hook for the bill. "Shrinking the budget that goes towards Borrower Defense is definitely a good thing for American taxpayers."
The Education Department estimated that the program, under the
DeVos To Make It Tougher For Defrauded Students To Seek Debt Relief
July 27, 20184:31 PM ET
Heard on All Things Considered
ELISSA NADWORNY
InstagramTwitter
Education Secretary Betsy DeVos is proposing new rules to the Borrower Defense program.
Chip Somodevilla/Getty Images
The U.S. Education Department is proposing changes to Obama-era rules that offer debt relief for students who were defrauded by their colleges.
If you attended a school that misled you or engaged in misconduct, there's a government program called Borrower Defense to Repayment that helps get relief from your federal student loans. The rules that explain this program were introduced in 2016, after a number of high-profile cases involving some for-profit colleges.
NPR ED
Students React To The Closure Of A Giant For-Profit College
But critics and the administration have said those regulations were too broad — and allowed too many students to apply for relief.
"Basically, any students could raise their hand and qualify for free money," says Mary Clare Amselem, a policy analyst from the conservative Heritage Foundation. When colleges misbehave and students get those loans forgiven, she explains, taxpayers are on the hook for the bill. "Shrinking the budget that goes towards Borrower Defense is definitely a good thing for American taxpayers."
The Education Department estimated that the program, under the
