AP sources: DeVos may only partly forgive some student loans
Share
Tweet
October 29, 2017
WASHINGTON (AP) — The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration's policy of erasing that debt.
Under President Barack Obama, tens of thousands of students deceived by now-defunct for-profit schools had over $550 million in such loans canceled.
But President Donald Trump's education secretary, Betsy DeVos, is working on a plan that could grant such students just partial relief, according to department officials. The department may look at the ave...
For access to this article please
sign in or
subscribe.
Reader Comments(0)