Inside Higher Ed
Few Details on Tougher Borrower-Relief Standards
January 09, 2018
Department of Education officials said Monday that they do not have any estimates of how many borrowers would clear new, tougher standards proposed for claims of loan relief when a student is defrauded or misled by their college. The department’s proposed language would require a student borrower to demonstrate clear and convincing evidence that their college intended to deceive them or had a reckless disregard for the truth in making claims about job-placement rates, credit transferability and other outcomes.