A Major Defeat for pro-Privatization Education Secretary Betsy DeVos

September 23, 2018 - por

National: In a major defeat for pro-privatization education secretary Betsy DeVos, a federal court has ruled that “the department’s postponement of the so-called Borrower Defense rule was procedurally improper.” See the 57-page complaint filed by the Public Citizen Litigation Group and the Project on Predatory Student Lending at Harvard Law School on behalf of two plaintiffs: “The need to protect student borrowers from predatory for-profit educational institutions has become ever more apparent over the past several years,” the complaint reads, “as investigations have revealed fraud and misrepresentation that have lured students into amassing significant student loan debt—under federal government programs—in exchange for low-quality and often useless educations. These predatory institutions stand on precarious financial grounds and close at alarming rates, stranding students and leaving federal taxpayers with the bill.”