Trump vetoes effort to ease restrictions on student loan forgiveness

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