The Top 10 Ways that the New Borrower Defense Rule is Worse for Borrowers

Federal law allows students whose schools have defrauded or otherwise abused them to have their loans discharged. In 2016, the Obama Administration issued new rules to govern the process for applying for and granting borrower defense discharges, and the Trump administration is rewriting the rules now in ways that make it harder for students to get relief. A joint fact sheet from TICAS and the Century Foundation outlines the key differences between the rules.