Somewhere, Betsy ‘Special Ed’ Devos is weeping:
Thousands of students defrauded by for-profit schools will have their federal loans fully erased, the Biden administration announced Thursday, reversing a Trump administration policy that had given them only partial relief.
“All those beautiful Ameros,’ Devos didn’t wail, “Gone.”
The department said it was rescinding the formula used by the Trump administration to determine partial relief and putting in place “a streamlined path to receiving full loan discharges.”
The decision applies to students who already had their claims approved and received only partial relief, the department said…
The borrower defense to repayment program allows students to have their federal loans canceled if they were defrauded by their schools. The Obama administration had expanded the program aimed at helping students who attended for-profit colleges like Corinthian and ITT Technical Institute, which have shut down. But President Donald Trump’s education secretary, Betsy DeVos, pulled it back, saying it had become too easy for students to have their loans erased, and revised the program to make it harder for them to get relief, including providing only partial cancellation of the loans.
Congress voted to overturn DeVos’ changes last March, but it was vetoed by Trump.
It’s not the full refund, but it is a start, and I hope it continues. Put the for-profit schools on notice, and I hope that public schools get the message that education is a right.