9 votes

Betsy DeVos proposes rules that would cut student loan relief by an estimated $13 billion

5 comments

  1. Flashynuff
    Link
    Ugh, I absolutely hate this practice of forcing arbitration agreements. It's such a scummy way to try and get out of legal consequences without providing any benefit whatsoever to the consumer /...

    It also would allow schools to force students into arbitration agreements barring them from suing the school. Some for-profit colleges use that practice, which would have been banned under Obama's rules.

    Ugh, I absolutely hate this practice of forcing arbitration agreements. It's such a scummy way to try and get out of legal consequences without providing any benefit whatsoever to the consumer / student.

    7 votes
  2. [2]
    Hypersapien
    Link
    Every single person that Trump has appointed is the exact worst person to have in that position.

    Every single person that Trump has appointed is the exact worst person to have in that position.

    5 votes
    1. zoec
      Link Parent
      Henhouse, meet fox, your loyal guard.

      Henhouse, meet fox, your loyal guard.

      3 votes
  3. Pilgrim
    Link

    Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday.

    The proposal, which aims to replace a set of Obama-era rules that were never implemented, drew applause from the for-profit industry but sharp criticism from advocacy groups that represent student borrowers.

    Education Department documents supporting DeVos' proposal argue that while students should be protected from fraud, they also have an obligation to do research before picking schools.

    “Postsecondary students are adults who can be reasonably expected to make informed decisions if they have access to relevant and reliable data about program outcomes,” the department said.

    4 votes
  4. demifiend
    Link
    That's a huge if, and DeVos damned well knows it.

    “Postsecondary students are adults who can be reasonably expected to make informed decisions if they have access to relevant and reliable data about program outcomes,” the department said.

    That's a huge if, and DeVos damned well knows it.

    4 votes