Education Secretary Betsy DeVos on Friday finalized rules that make it more difficult for federal student loan borrowers to cancel their debt on the grounds that their college defrauded them, scaling back an Obama-era policy aimed at abuses by for-profit colleges.
The rules, which the Trump administration weighed for more than a year, set a more stringent standard for when the Education Department will wipe out the debt of borrowers who claim they were misled or deceived by their respective colleges.
Hmm now why oh why would the Trump administration want to scale back rules that go after predatory for-profit schools that defraud their students by offering them worthless degrees??