For Education Secretary Betsy DeVos, it seems protecting the future of students who may have been defrauded by unscrupulous for-profit colleges is less important than protecting those schools’ business interests. Since taking office, she has delayed and questioned the wisdom of implementing rules enacted by the Obama administration. Now, she seeks another year’s delay so she can replace them with weaker regulations.
The rules in question were enacted following revelations that many private colleges had overpromised and undelivered. Their students had been misled by fraudulent claims about the strength of the programs in which they enrolled and were given unrealistic estimates of future earnings. Too many students found themselves seriously in debt upon graduation, with bleak job prospects.
The Associated Press described the challenged regulatory structure as allowing “students to have their loans forgiven if their schools