Betsy DeVos Does Away With Obama-Era Protections for College Students
Two Obama-era rules “designed to protect college students from predatory lending and dubious for-profit colleges” have been halted by Secretary of Education Betsy DeVos. Why? Well, DeVos called them “overly burdensome and confusing.” The two rules were scheduled to go into effect on July 1, and were introduced last year in response to thousands of students complaining that they were “defrauded by for-profit colleges.” But what would the rules have done? How would they protect students?