Betsy DeVos Loses Lawsuit On Student Loan Forgiveness

Got this one too late for LBN. Be that as it may, according to Forbes, a Federal Judge ruled that Davis loses on her plots concerning student loan forgiveness.

https://www.forbes.com/sites/zackfriedman/2018/09/17/student-loans-lawsuit-devos/#2cbcb7756323

Per Forbes article

Attorneys general from 19 states, plus District of Columbia, sued U.S. Secretary of Education Betsy DeVos and the U.S. Department of Education for delaying a borrower protection rule that was scheduled to take effect beginning July 1.

The lawsuit was filed in federal district court in Washington, D.C. and alleged that DeVos illegally delayed the implementation of the borrower defense to repaying rule, which was intended by the Obama administration to make it easier for defrauded student loan borrowers to receive student loan debt forgiveness.

The attorneys general claimed that DeVos violated the Administrative Procedures Act because she did not meet the standard for a delay, give proper notice or afford adequate time for public comment. The lawsuit asked the court to implement the borrower defense rule promptly.

In a 57-page legal opinion, U.S. District Judge Randolph Moss wrote that the Education Department’s rationale was “was arbitrary and capricious.”