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Education Secretary Miguel Cardona in March reversed a methodology created under President Donald Trump’s administration that gave only partial student-debt relief to borrowers defrauded by for-profit schools.
The Education Department confirmed on Tuesday it will not be creating a new methodology, and instead, will presume defrauded borrowers’ approved claims are entitled to full relief, unless evidence suggests otherwise.
The “borrower defense to repayment” — approved by Education Secretary Betsy DeVos — compared the median earnings of graduates with debt-relief claims to the median earnings of graduates in comparable programs. The bigger the difference, the more relief details ⇒
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