Debate Over Debt Relief Begins

January 12, 2016
  • Industry News

Less than a year ago, Ann Bowers was among the first of 15 student activists refusing to repay the federal loans they used to attend a faltering for-profit college chain.

Starting Tuesday, she will be at the negotiating table as a U.S. Department of Education committee tries to hammer out new rules governing debt relief for federal borrowers that will likely have implications well beyond the now-defunct Corinthian Colleges.

Bowers, along with department officials, consumer advocates, state officials and representatives of various types of colleges will begin the first of three rounds of negotiations over setting a new standard for when the Education Department will cancel federal student loans as a result of a college’s misconduct.

Read more at Inside Higher Ed: https://www.insidehighered.com/news/2016/01/12/us-department-education-opens-negotiations-over-new-debt-relief-system-defrauded