WASHINGTON— Today Education Secretary Miguel Cardona announced the Department of Education will rescind a Trump-era policy that would have severely limited debt relief to students defrauded by for-profit colleges. Now, approximately 72,000 defrauded students from ITT Technical Institute and Corinthian Colleges will be eligible for debt relief. In response, Rep. Raúl M. Grijalva issued the following statement:

“This is fantastic news for the thousands of borrowers who were cheated by for-profit colleges that saddled them with mountains of debt and useless degrees. Instead of reigning in these predatory institutions, Trump’s Education Department loosened regulations and punished defrauded student borrowers with a so-called debt relief plan that would only provide them with a fraction of relief. Former Secretary Betsy DeVos never stopped putting the interests of her for-profit college friends over the needs of our students. Thankfully things are changing at the Department of Education, and with this announcement, thousands will now have access to the life-changing debt relief they need and deserve.”

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