Over Veterans' Protests, Trump Vetoes Measure to Block Student Loan Rules
Source: New York Times
WASHINGTON President Trump vetoed a bipartisan resolution on Friday to overturn new regulations that significantly tighten access to federal student loan forgiveness, siding with Education Secretary Betsy DeVos over veterans organizations that say her rules will harm veterans bilked by unscrupulous for-profit colleges.
The veto will allow stringent rules for students seeking loan forgiveness to take effect on July 1. The rules toughen standards established under the Obama administration for student borrowers seeking to prove their colleges defrauded them and to have their federal loans erased. Even if some borrowers can show they were victims of unscrupulous universities, they could be denied relief unless they can prove their earnings have been adversely affected.
The resolution sought to reimpose an Obama-era regulation that defined educational fraud so broadly that it threatened to paralyze the nations system of higher education, Mr. Trump said in his veto statement. The Department of Educations rule strikes a better balance, protecting students rights to recover from schools that defraud them while foreclosing frivolous lawsuits. It was the presidents eighth veto.
The resolution put Mr. Trump in a difficult political position. The veto saves Ms. DeVos from an embarrassing rebuke by her boss, but it places the president at odds with dozens of veterans groups that helped persuade 10 Republican senators to vote to overturn a major domestic policy of the Trump administration. Veterans groups said the rule failed to protect military service members who have long been the targets of predatory tactics by colleges because of their lucrative G.I. benefits.
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By Erica L. Green
May 29, 2020
Updated 8:17 p.m. ET
Read more: https://www.nytimes.com/2020/05/29/us/politics/devos-trump-student-loan-rules.html
scarletwoman
(31,893 posts)iluvtennis
(19,835 posts)CaptYossarian
(6,448 posts)The kids don't even have to sign up for Selective Service--a form of extortion on the working class.
"Let 'em eat lead!", according to Kommandant Bone Spurs and Cruella DeVos, the prick and prickette of DC.
paleotn
(17,884 posts)He has no problem with bilking innocent people out of their hard earned money. That's been his modus operandi since daddy was still alive.
it's like the psychopukes don't even care how many people they piss off. They must really think they have the 2020 election on lockdown for their side.
majdrfrtim
(317 posts)to convince military personnel to GTF away from those onine, for-profit, abominations masquerading as "schools."
Perhaps because I already had more degrees than a rectal thermometer when I joined the military in my 50s (with no prior service), I spoke with enough academic authority to convince a helluva lot of those kids (mostly) to switch to *real* institutions of higher education.
While I take great pride in my service while in uniform (to include four OCONUS deployments in 8.5 years), I'm especially proud of helping my comrades-in-arms (though I was a noncombatant, of course) extract themselves from the clutches of the fast-talking grifters who had initially convinced those guys and gals to waste their money on such for-profit frauds.
By making it more difficult for veterans to recoup the hard-earned money those servicemembers were hoodwinked into throwing at heinously unscrupulous charlatans, Pine-Sol Pol Pot proves once again that he is no friend to U.S. military personnel!
The incandescence of my rage threatens to occasion a rift in the space-time continuum.
iluvtennis
(19,835 posts)Welcome to DU
majdrfrtim
(317 posts)As an aside, my college roommate, our senior year, was NCAA Div 3(?) national champion in mens singles and doubles (Kalamazoo College).