VETERANS GROUPS CONCERNED WITH DEVOS âBORROWER DEFENSEâ PLAN: Groups representing veterans and military servicemembers say theyâre alarmed by a Trump administration plan that would require defrauded students to default on their loans before theyâre eligible to apply for debt relief.
Education Secretary Betsy DeVosâ proposal to rewrite the Obama-era âborrower defense to repaymentâ regulations says the administration is considering that as a strategy to cut down on frivolous claims. Under the plan, borrowers would have to default on their loans and face a collections action (like wage garnishment) before theyâre allowed to apply for debt relief.
