Two members of Congress pressed the U.S. Education Department on Wednesday to make it easier for student-loan borrowers to have their loans forgiven if they were defrauded by colleges.
The agency’s latest debt-relief plan is a "vast improvement" over the original, they said, but still too restrictive.
The lawmakers — Sen. Elizabeth Warren of Massachusetts and Rep. Maxine Waters of California, both Democrats — said the department’s latest draft of a "borrower defense" rule, which a panel of negotiators is revising this week, would set up too many hurdles to loan forgiveness.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/In-New-Rule-on-Student-Loan/235731