New Delay on Borrower-Defense Rule

October 23, 2017
  • Industry News

The Department of Education on Friday issued a new delay of the Obama administration's borrower-defense rule that would block it from going into effect until the conclusion of a bureaucratic rewrite of the rule expected to conclude by 2019.

Education Secretary Betsy DeVos announced in June that she would block the rule, which was set to go into effect July 1. She also said she would appoint a negotiated rule-making committee to produce a new regulation that would reflect the concerns of many higher ed institutions.

Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2017/10/23/new-delay-borrower-defense-rule