Sep 13, 2018
Judge rules against DeVos in student loan lawsuit
United States Secretary of Education Betsy DeVos lost a lawsuit accusing the department of delaying the implementation of a Borrower Defense rule that protected students who took out loans to attend school from predatory practices by institutions, Bloomberg reports.
Why it matters: A Washington judge ruled that an implementation delay by DeVos and the department of Obama-era regulations was "procedurally improper." This ruling gives credence to the accusation of a Consumer Financial Protection Bureau official in charge of overseeing student loan debt who argued that the department is actively making it difficult to protect students.