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December 14, 2018

DeVos Forced to Fulfill Obama-Era Rule, Cancelling $150 Million in Student Debt
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Education Secretary Betsy De Vos will cancel $150 million in student
debt after being forced to abandon efforts to block a rule that created
protections for students whose for-profit college defrauded them or shut
down. In October, a judge sided with attorneys general from 18 states
and the District of Columbia who sued De Vos for delaying the Obama-era
rule. The policy allows for students to automatically have their debt
canceled without formally applying for the benefit.


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