Massachusetts Attorney General Maura Healey said the regulations put in place in the last days of the Obama Administration are intended to protect students and taxpayers from predatory colleges. The regulations, which were drafted after the for-profit college chain Corinthian Colleges , allow students to have their federal loans forgiven if a college defrauded them.
Last month, Secretary DeVos put the rules on hold, saying the loan forgiveness process is “unfair to students and schools and puts taxpayers on the hook.”
On Thursday, Healey and other state attorneys general – all Democrats – filed, Commonwealth of Massachusetts v. United States Department of Education and Betsy DeVos, asking the courts to let the Obama-era rules go into effect.
“Unfortunately, Betsy DeVos has decided to side with those who profit at the expense of students and taxpayers rather than protect students and taxpayers,” Healey said in an interview.