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Institute for College Access & Success: Senate Votes to Restore Protections for Students, Overturn Borrower Defense Rule

Mar 12, 2020 - Targeted News Service

The Institute for College Access and Success issued the following statement on March 11 by President James Kvaal:

The Senate voted 53-42 to pass H.J. Res. 76, restoring stronger borrower defense protections. The borrower defense to repayment rule allows students to discharge student loans tied to fraud and other illegal conduct by their colleges. In September, the Trump Administration rewrote the rule, and it will require 97 percent of students cheated by their colleges to repay their stud...