Borrower Defense

Last Monday, negotiators for this fall’s Affordability and Student Loans Committee began their work on the first of two anticipated negotiated rulemakings (“neg reg”), a process through which the Department of Education (ED) works with a group of external stakeholders to try and find consensus on proposed higher education regulations—ideally to shorten the rulemaking...

Recommendations in response to the May 24, 2021 Federal Register notice soliciting input on topics to be included in the U.S. Department of Education’s upcoming negotiated rulemaking. TICAS' priorities focus on better protecting students by addressing predatory practices and holding colleges accountable, as well as by improving the current income-driven repayment system.

Coalition letter from 37 organizations to the Department of Education sharing its negotiated rulemaking priorities including substantial student and borrower representation among negotiators, and strengthening safeguards against predatory practices from for-profit institutions by reinstating the gainful employment regulation and having a strong borrower defense rule.

A broad set of speakers including students, student loan borrowers, advocates, institutional leaders, and lobbyists provided their thoughts on the ambitious set of priorities the U.S. Department of Education (ED) proposed to include as part of its upcoming negotiated rulemaking (neg reg) process.

Learn about Borrower Defense to Repayment -- a provision in the Higher Education Act that's intended to providerelief for students defrauded by their colleges.

TICAS commends the U.S. Senate, as part of the American Recovery Act of 2021, for acting to close the 90/10 loophole contributing to the exploitation of veterans & military-connected students. Better capturing taxpayers’ investments will help identify and address risky colleges.