Given the opportunity to stand with U.S. college students exploited by for-profit schemes that left them with a worthless diploma, Secretary of Education Betsy DeVos instead chose to side with the abusers by eliminating policies that gave relief to tens of thousands of students duped by the promises-turned-lies of “institutions” like Corinthian College.
The new federal policies will favor bad actors, placing the next generation of students at risk to be defrauded by these same institutions. Unfortunately, DeVos has a history supporting privatization since the family turned the Amway fortune into a mechanism to purchase control of the Michigan Legislature.
“This rule is another Trump-DeVos giveaway to their for-profit college cronies at the expense of defrauded student borrowers,” said Sen. Dick Durbin (D-Ill.), the No. 2 Democrat in the Senate.
A Harvard Law School Project brought a successful lawsuit last year that forced DeVos to implement Obama-era protections. Following these new changes, they vowed on Friday to bring a new legal challenge “in the coming days” to stop the latest regulations from taking effect. “If Betsy DeVos won’t do her job and stand up for students, then we will fill that void,” the organization’s legal director, Eileen Connor, said in a statement. “That is why we will be filing a suit challenge these harmful new regulations that give a green light to for-profit colleges to continue scamming students.”
Barring a court injunction, the rule changes will be implemented in the coming weeks.