The U.S. Department of Education on Thursday will announce plans to hit pause on two of the Obama administration’s primary rules aimed at reining in for-profit colleges.
Department officials told Inside Higher Ed they will block a rule, set to take effect next month, that clarifies how student borrowers can have their loans forgiven if they were defrauded or misled by their college.
The Trump administration will announce a do-over of the rule-making process that produced that regulation, known as borrower defense to repayment, as well as the gainful-employment rule, which holds vocational programs accountable when they produce graduates with burdensome student loan debt.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2017/06/14/education-department-hit-pause-two-primary-obama-regulations-aimed-profits
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