Thousands of Students Were Defrauded by For-Profit Colleges—DeVos Hasn’t Provided Debt Relief to a Single One

‘The Trump administration has failed to provide relief to tens of thousands of students who were left with a “near-worthless degree” and large amounts of debt after attending fraudulent for-profit colleges that have since closed. Betsy DeVos’ Department of Education has delayed implementation of new rules that would better protect student borrowers, and several recent newspaper stories have captured the human cost of the lingering debt.
AP: DeVos has not approved a single application for debt relief from 65,000 defrauded students. The Associated Press reported July 26 that the Education Department, led by Secretary Betsy DeVos, has not approved a single application for debt relief for over 65,000 students with pending claims for loan forgiveness since President Donald Trump’s inauguration. Most of these students were defrauded by the now-closed Corinthian Colleges or ITT Tech.
After thousands of students were defrauded by for-profit universities, DeVos delayed implementation of borrower defense regulations created to protect students defrauded by for-profit universities.’
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