DeVos Rules Would Cut Estimated $13B In Student Loan Relief

UNITED STATES (AP) – Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday.
The proposal, which aims to replace a set of Obama-era rules that were never implemented, drew applause from the for-profit industry but sharp criticism from advocacy groups that represent student borrowers.
Education Secretary Betsy DeVos said the proposal lays out clear rules schools must follow t