WASHINGTON | Students defrauded by colleges score win in court decision

16Oct - by Editor - 0 - In STL.News



WASHINGTON  — Students defrauded by for-profit colleges scored an important victory on Tuesday, when a court cleared the way for an Obama-era policy that will make it easier for them to get their student loans forgiven.

Education Secretary Betsy DeVos had said the regulation, known as borrower defense, made discharging loans too easy and was unfair to taxpayers. The rule was due to take effect in July 2017, but DeVos froze it while she worked on devising a new regulation.

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