Betsy DeVos, the for-profit college industry’s best pal, rolls back regulatory protections for students who were defrauded by for-profit colleges

This week, Betsy DeVos, President Trump’s lamentable Secretary of Education, proposed new rules for implementing the Department of Education’s Borrower Defense to Repayment Program. The new rules–433 pages long–outline the DeVos regime’s procedures for processing fraud claims filed by students who took out federal loans to attend for-profit colleges and were swindled. The New York … Read more

Bankruptcy May Be the Only Good Option for Overburdened Private Student Loan Debtors

Patsy Cline gave one of the greatest lyrical apologies in music history when she sang, “I’m sorry, so sorry that I was such a fool.” And of course about half of all country music songs are sung by some guy who says he’s sorry for cheating on his girlfriend. But for my money, the all- … Read more