Immediately after President Trump was elected, borrower advocates and lawmakers expressed concern about what would happen to the Obama-era regulations aimed at holding for-profit colleges accountable.
On Tuesday, their concerns were validated. The Education Department announced that it would delay and renegotiate two of the previous administration’s signature regulations: the borrower "defense to repayment" rule and the gainful-employment rule.
Read more at The Chronicle of Higher Education: http://www.chronicle.com/article/What-DeVos-s-Reset-on/240348