Why Biden's student loan relief efforts haven't yet reversed a DeVos decision on for-profit colleges
CNN
The Biden administration has chosen not to reinstate an Obama-era rule meant to prevent students from taking on too much debt to attend predatory for-profit colleges. Instead, it is undertaking a monthslong process to write a new version.
The rule was repealed by former Education Secretary Betsy DeVos, who was later sued over the decision. The Biden administration asked a judge late last year to keep the repeal in place while it undertakes a monthslong process to write a new version.
It's a move that has surprised some student loan borrower advocates.
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