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Education Secretary Betsy DeVos speaks on Title IX regulations at George Mason University. Photo: Jacquelyn Martin / AP

The Trump administration is rewriting Obama-era rules of loan forgiveness for students who claim they've been swindled by for-profit universities, per AP. In the meantime, the Education Department is delaying action on 65,000 claims.

  • The Obama-era rules "would have forbidden schools from forcing students to sign agreements that waived their right to sue" and "schools, not taxpayers, could have been held responsible for the costs," AP reports.
  • Some forgiveness claims were supposed to be approved in October, but the Education Department said it will need up to six months to review them.
  • Worth noting: Trump University, a for-profit institution started by President Trump, paid $25 million to settle fraud claims earlier this year.

Go deeper

1 hour ago - Health

U.S. surpasses 25 million COVID cases

A mass COVID-19 vaccination site at Dodger Stadium on Jan. 22 in Los Angeles, California. Photo: Mario Tama/Getty Images

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday.

The big picture: President Biden has said he expects the country's death toll to exceed 500,000 people by next month, as the rate of deaths due to the virus continues to escalate.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.

Erica Pandey, author of @Work
6 hours ago - Economy & Business

The limits of Biden's plan to cancel student debt

Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios Visuals

There’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.

Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.