Sep 13, 2017

Education Dept. to rewrite student loan relief rules

Erica Pandey, author of @Work

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

Updated 5 mins ago - Politics & Policy

Biden: George Floyd's last words are "a wake-up call for our nation"

Former Vice President Joe Biden meets with clergy members and community activists during a visit to Bethel AME Church in Wilmington, Del. on June 1, 2020. Photo: JIM WATSON/AFP via Getty Images

Vice President Joe Biden is calling George Floyd’s dying words “a wake-up call for our nation,” and criticized President Trump’s decision to unleash tear gas on peaceful protesters outside the White House, in a civil rights speech from Philadelphia on Tuesday.

Why it matters: Biden in the address drew a sharp contrast between himself and Trump, whose first remarks addressing nationwide unrest Monday highlighted law and order, extreme demonstrations of militarized “strength” and other blustery threats.

Updated 13 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 6,302,318 — Total deaths: 376,322 — Total recoveries — 2,716,924Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 1,812,125 — Total deaths: 105,192 — Total recoveries: 458,231 — Total tested: 17,340,682Map.
  3. Public health: Protests against police brutality threaten coronavirus response.
  4. Business: Coronavirus could lower GDP by $15.7 trillion — More than 1 in 6 black workers lost jobs between February and April.
  5. Climate: The alarm over climate financial risk gets louder because of coronavirus.
  6. Media: Interest in the George Floyd protests has soared past the coronavirus.

The business of tear gas

Illustration: Eniola Odetunde/Axios

U.S. forces yesterday used tear gas on peaceful protesters outside the White House gates, prior to a declared curfew, clearing a path for President Trump to visit a riot-damaged church for a photo opportunity.

The state of play: Two of the largest U.S. producers of tear gas are owned by private equity firms, but those firms have no interest in discussing their ownership.