this week, the House of Representatives will vote on the override of President Trump's veto of my resolution overturning Education Secretary Betsy DeVos's borrower defense rule. Congress passed the resolution on a bipartisan basis in both Chambers. Ten Republicans joined Democrats to overturn the rule in the Senate. Unfortunately, in just the eighth veto of his Presidency, President Trump rejected the measure. Unless Congress overrides his veto--with a two-thirds vote in both the House and the Senate--the DeVos borrower defense rule will take effect. It means that student borrowers who are defrauded by their schools will have almost no chance of getting their Federal student loans forgiven. Estimates show that only 3 percent of all student loans associated with school misconduct and fraud will be forgiven under the DeVos rule. That is because it places unreasonable new burdens on defrauded borrowers. First, the DeVos rule eliminates all group relief. It makes every individual borrower who is defrauded gather and submit their own evidence instead of being able to apply as a group when they have experienced similar misconduct. To prove their claims, borrowers must provide evidence that the school intended to deceive them, had knowledge of the deception, or acted with reckless disregard for the truth. How are defrauded borrowers supposed to prove that?…
On the recordJune 25, 2020
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