Valerie Strauss wrote here about Betsy DeVos’s plan to remove consumer protections from students who were scammed.
“Why would anyone want to make it harder for defrauded students? Well, the Education Department says that college students are “adults who can be reasonably expected to make informed decisions and who must take personal accountability for the decisions they make.” Supporters of the proposed changes say it is too easy for students to apply for loan forgiveness and that too much public money will have to be used to repay bad loans.
“To be sure, college students are indeed adults who can be reasonably expected to make informed decisions. And adults should indeed take personal accountability for the decisions they made.
“But the proposed regulation says, among other things, that to qualify for loan forgiveness, students who claim they have been defrauded have to prove the college intended to defraud them and…
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