Brian Frosh

DeVos further freezes Obama's for-profit fraud protections

The Trump administration is further delaying Obama-era protections for students defrauded by for-profit colleges, saying it needs more time to write new regulations.

Tuesday's announcement renewed criticism by Democrats and advocacy groups that the administration favors the interests of for-profit universities over students.

The Education Department posted a notice in the Federal Register saying it wants to delay the borrower defense rule until July 1, 2019, while a new rule is being written. The department estimated that postponing the rule will save taxpayers $46 million.

The regulation allows students to have their loans forgiven if their schools deceived them...

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