In the Matter of Department of Education

Department of Education appears to give unscrupulous for-profit schools free rein to exploit hardworking students, according to NY-AG. The Borrower Defense Rule was intended to provide critical protections for students who are simply trying to invest in their own education and future, yet the new proposed rule would leave many borrowers high and dry while exacerbating the student loan crisis, according to NY-AG.

Summary generated from official New York Attorney General press release