Political Quotes

“Mr. President, I rise in support of S.J.Res. 56, a resolution of congressional disapproval for the Department of Education's, Borrower Defense Institutional Accountability rule. It is inconceivable to me that the Federal Department of Education would choose to protect the profits of predatory corporations instead of the students they ripped off, but sadly, that is exactly what Secretary DeVos's borrower defense regulation does. It is now up to Congress to step in and reverse the harm that her Department is seeking to do. Four years ago, the Obama administration took action when it became clear that a number of for profit colleges were defrauding students, leaving them on the hook for massive loans without an education or a job. The borrower defense rule established under President Obama made sure that students who had been hurt by these schools could access debt relief and get a chance at restarting their education. Unfortunately, Secretary DeVos chose to gut that regulation, making it nearly impossible for defrauded students to get any kind of debt relief from the loans they took out to attend colleges that were later found to be bad actors. To make matters worse, Secretary DeVos also rescinded existing protections and ended forgiveness pathways that were included in the 2016 borrower defense rule. Secretary DeVos took what was a fair and transparent process and rigged the deck against students.…”