May 30, 2020 - Politics & Policy

Trump vetoes effort to ease restrictions on student loan forgiveness

In this image, Trump and Besty DeVos brief reporters at the White House
President Trump with Secretary of Education Betsy DeVos and Secretary of Agriculture Sonny Perdue on March 2. Photo: Drew Angerer/Getty Images

President Trump moved to protect regulations issued by Education Secretary Betsy DeVos that restrict federal student loan forgiveness in a veto issued Friday night.

The big picture: Several veterans' groups have argued that the rules, which make it more difficult for student borrowers to prove that a college defrauded them, will harm former service members cheated by for-profit colleges, the New York Times reports.

What they're saying: Trump said the vetoed legislation "sought to reimpose an Obama-era regulation that defined educational fraud so broadly that it threatened to paralyze the Nation’s system of higher education."

  • "@realDonaldTrump's decision today to veto the #bipartisan resolution, against the request of 3 dozen veterans organizations, is a blow to #veterans, #servicemembers & their families," the advocacy organization Veterans Education Success tweeted Friday.

What's next: The new rules are expected to go into effect on July 1, per the Times.

Go deeper: DeVos urged by 51 AGs to cancel disabled veterans' student debts

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