Education Department’s Continued Effort To Rescind Critical Protections For Student Loan Borrowers
WASHINGTON, D.C. – Today, the U.S. Department of Education announced its decision to rollback important rules that protect students from the abusive practices of predatory for-profit institutions—the Borrower Defense to Repayment and Gainful Employment regulations. The announcement detailed not just delays in implementation and enforcement of the current rules but an entirely new rulemaking process. Center for Responsible Lending (CRL) Policy Counsel Whitney Barkley-Denney released the following statement: We are deeply disappointed in the Trump Administration’s continued effort to put