Comment: Unscrupulous For-profit Colleges Must Be Held Accountable for Their Predatory Tactics
The Center for Responsible Lending (CRL) files this comment in response to the U.S. Department of Education’s proposed rule that would amend the Borrower Defense to Repayment provision of the Higher Education Act (HEA) and rescind and rewrite previously promulgated regulations from 2016. CRL is extremely concerned about the Department’s decision to rewrite rules meant to protect students and taxpayers from unscrupulous for-profit colleges and its tacit refusal to hold these schools accountable for their predatory tactics and activities. Moreover, CRL finds the Department’s current proposal...