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Anonymous
DeVos to roll-back regulations against For-Profit Fraud Universities 2017-06-14 09:08:30 Post No.
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DeVos to roll-back regulations against For-Profit Fraud Universities 2017-06-14 09:08:30 Post No.
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DeVos to roll-back regulations against For-Profit Fraud Universities
Anonymous
2017-06-14 09:08:30
Post No.
[Report]
The Education Department announced Wednesday that it will change two key Obama-era rules governing student loan forgiveness in cases involving fraud and misconduct by universities.
The department said it will convene special committees to rewrite Borrower Defense to Repayment and Gainful Employment regulations.
The rules were introduced last year as the department was processing claims from thousands of students who say there were defrauded by for-profit colleges.
Under the borrower defense rules, students could have their loans erased if their college misrepresented the quality of its programs or broke a "contractual promise" with its students. The gainful employment rule was designed to ensure that graduates would be able to earn enough money to pay off their student loan debt.
DeVos said in a statement Wednesday that the regulations were "overly burdensome and confusing" and need to be streamlined.
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>>129928078
DRAIN THE SWAMP
REPURPOSE IT FOR TRUMP
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>>129929563
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>>129928078
How about rolling back the Federal student loan program entirely?
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>>129928078
>the regulations were "overly burdensome and confusing" and need to be streamlined.
Good goys. The you don't need protecting from the Jew, he is your friend.
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>>129928078
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>>129929781
>trust me
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>>129928078
no link
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4 years 20 grand a pop minimum half of which is spent taking highschool teir prereqs for indoctrination purposes. Vs. 2 years fast track bachelor's from "for-profit" college for 30 grand total
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>>129929772
There should only be federal loans when we have a gap of skilled workers in a certain discipline. This would ensure they would have a good chance of getting paid back.
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>>129929789
>>129929955
>>129929744
Please obamaleaf. At least take a break on his birthday
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considering how real universities have sky-high tuition rates and are failing to get people a good job anymore i'd classify pretty much all higher education as for-profit fraud.
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>>129930275
71 years old.. yikes.. his dementia is going to accelerate rapidly
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>>129930043
>https://www.yahoo.com/news/rules-help-defrauded-students-clear-loans-being-revised-165834301--politics.html
Source: The AP
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>>129930379
>highest per capita education spending
>third world tier scoring in some areas
>the slightest hint of competition to this wildly successful leftist run monopoly is met with deranged opposition at every turn
Gee I wonder why
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>>129928078
Theer were no "student loans" because regardless of the name, this was a seminar at a hotel.
Anyone dumb enough to go to a $200 seminar, then to a $3000 program, ending with a third seminar costing $35,000 is a complete moron.
Dumbasses either had too much money to start with or they never should have had control of their own finances because they are stupid.
At least one of them put it on a credit card, which makes both them and the bank that issued the card stupid.
It never should have been called "university " and after the first year, the state made them change the name but seriously, anyone who thought they were going to college in a hotel banquet room is a retard.
Anyone who took a picture with a cardboard cutout and went back for more deserved to have every penny they had taken away. Morons.
Thread posts: 16
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Thread images: 5