Durbin Urges Senate To Overturn DeVos Borrower Defense Rule To Help Defrauded Student Borrowers
WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) today, in a speech on the Senate floor, slammed Department of Education Secretary Betsy DeVos’ rewritten borrower defense rule that guts essential protections for student borrowers and taxpayers. The DeVos borrower defense rule makes it almost impossible for borrowers who are defrauded by their school or harmed by their school’s closure to receive the relief to which they are entitled, and which Congress intended, under the Higher Education Act (HEA).
Durbin shared stories of two students who were defrauded by for-profit colleges, buried in unsurmountable amounts of student loan debt, and have been waiting years for Secretary DeVos to process their borrower defense claims. He also urged his Senate colleagues to support his Congressional Review Act (CRA) resolution of disapproval overturning the DeVos rule when it comes to the Senate floor for a vote.
CRA resolutions of disapproval allow Congress to overturn regulatory actions of federal agencies with a simple majority vote in both chambers. A time for consideration of the resolutions on the floor of each chamber will be coordinated with House and Senate leadership.
“In 2016, 78 percent of Americans said that students should have their federal student loan debt discharged if their school deceived them. That’s pretty basic, isn’t it? If you were cheated, you ought to be taken care of. When you break the numbers down by party, 81 percent of Democrats and 71 percent of Republicans, a vast majority supported relief for students. When it comes to the resolution to overturn the DeVos borrower defense rule denying relief to defrauded borrowers, I hope that my colleagues will stand with the students and the American people,” Durbin said.