Senator Dick Durbin (D-IL)
Final “Borrower Defense” Regulations Expand Protections for Defrauded Students, Ban Mandatory Arbitration for Direct Loan Holders
CHICAGO –(ENEWSPF)–October 28, 2016. U.S. Senator Dick Durbin (D-IL) issued the following statement after the U.S. Department of Education (ED) announced its final “borrower defense” rules to protect students and taxpayers from deceptive and illegal practices in higher education. The final regulations, announced today after a period of public comment, help clarify the process for…
