Sweeping new regulations covering higher education institutions, particularly for-profit colleges, are due to take effect in July, but it is unclear where the Trump administration will stand on them and whether they will remain intact.
The regulations include a “borrower defense” rule that makes it easier for students to gain debt forgiveness, more stringent credit line controls on potentially failing colleges, mandatory notification via advertising by for-profit schools if they have poor loan repayment records and a ban on arbitration contracts.
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