Alva Review-Courier -

Under DeVos, full loan relief rare for for-profit students

 

September 7, 2018



WASHINGTON (AP) — The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges, according to preliminary Education Department data obtained by The Associated Press.

The figures demonstrate the impact of Education Secretary Betsy DeVos' new policy of tiered relief, in which students swindled by for-profit schools are compensated based on their earnings after the program.

Of the roughly 16,000 fraud claims approved thus far by the Education Department under DeVos, slightly more than 1,000 studen...



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