Financial Aid
The Obama-era rule was meant to speedily cancel the student-loan debts of people defrauded by for-profit Corinthian Colleges Inc and others.
The senators assert that stalling on the new borrower defense rule “would be a monumental dereliction of the duty you have to protect students and taxpayers.”
It's best to start early so no one's surprised.
WHAT'S HAPPENING
And it takes them way longer to pay it off.
By consistently raising the standards, the state has pulled back resources for students who are most in need.