The Trump administration calls its final rules on accreditation and state approval of online providers a rightsizing of bureaucracy that protects students. Consumer advocates and Democrats see an unraveling of federal oversight.
Students who were defrauded by the for-profit Corinthian Colleges may not get their loans forgiven entirely, the Education Department announced Wednesday, in a reversal of the Obama administration policy of wiping out the debt.
The Trump administration has held up the implementation of Obama-era rules that would have allowed student borrowers to have their debt erased if they had been victims of fraud by for-profit schools. Now 18 states and the District of Columbia…
The Education Department says a rule proposed Monday would lay out a clear relief process for borrowers who believe they were lied to about job prospects after college or otherwise deceived in order to enroll in the school.