The Washington Post

Are Betsy Devos’s Policies Exacerbating Racial Inequities in Student Debt? These Lawmakers Think So.

June 19, 2018

Senate and House Democrats are accusing Education Secretary Betsy DeVos of exacerbating racial disparities in student debt by failing to help defrauded borrowers, enforce consumer protections and examine the root causes of debt inequity.  They point to the rewriting of Obama-era regulations intended to guard against predatory for-profit colleges, highlighting two rules known as borrower defense to repayment and gainful employment. As originally conceived, those regulations would benefit students of color, who at higher rates enroll in for-profit schools, take out loans, fail to graduate and default on the debt.

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