A major teachers union is suing Secretary of Education Betsy DeVos — again.The American Federation of Teachers sued DeVos and the Department of Education for repealing an Obama-era regulation that they claim leaves student loan borrowers stuck with “tens of thousands of dollars of student loan debt” and “worthless degrees.”alleges that DeVos repealed the “gainful employment” rule that would have protected students from for-profit colleges and universities.
The AFT claims that without the gainful employment rule, students cannot make informed decisions about which college or university to attend. As a result, student could default on their student loans at a higher rate, which could cost taxpayers $5.3 billion.DeVos believed the the gainful employment rule was confusing and unfairly targeted for-profit schools.
"My first priority is to protect students," DeVos said in 2017 about gainful employment, and another rule, borrower defense to repayment."Fraud, especially fraud committed by a school, is simply unacceptable. Unfortunately, last year's rulemaking effort missed an opportunity to get it right. The result is a muddled process that's unfair to students and schools, and puts taxpayers on the hook for significant costs.
Always smiling on the outside, pure evil on the inside
How many Union leaders have student loans and do not have gainful employment? If none, then how are they damaged?
A teachers union sued... Lost me there...
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