Long Road for Regulatory Rollbacks

March 28, 2017
  • Industry News

GOP lawmakers have been clear since November's election about plans to dismantle several Obama administration higher education regulations, including two major rules aimed at the for-profit college sector.

U.S. Representative Virginia Foxx, a North Carolina Republican, said shortly after Donald Trump's election, "You’ll see us do everything we can to roll back" those regulations. As chairwoman of the House education committee, Foxx is well placed to oversee those efforts.

But the number of regulations targeted for repeal through the little-known Congressional Review Act has been modest so far. And GOP members now are saying a CRA resolution is off the table for borrower defense, the rule issued last year to clarify how defrauded borrowers can seek discharges of their student loans. What that likely means, observers said, is another round of negotiated rule making for the regulation as well as for the gainful-employment rule, which was designed to crack down on vocational programs that graduate students with poor prospects of paying down student loan debt.

Read more at Inside Higher Ed: https://www.insidehighered.com/news/2017/03/27/repeal-obamas-higher-education-regulations-wont-be-swift-process-gop