TICAS Statement on Court Ruling on the Borrower Defense Rule

October 16, 2018
Statement of James Kvaal

Today‚Äôs court decision is landmark news for student loan borrowers who were cheated by their colleges. The borrower defense rule that became effective at noon today protects students against illegal conduct by their college, offering relief that more than 100,000 borrowers have been waiting too long for already. By holding colleges accountable, the rule will also deter bad behavior in the first place.