Courts halt DeVos’s partial student debt relief plan

“A federal judge has banned the U.S. Department of Education from using earnings data to grant only partial student loan forgiveness to defrauded borrowers who attended defunct for-profit chain Corinthian Colleges. The decision is rooted in Education Secretary Betsy DeVos’s decision in December to provide debt relief to former Corinthian students by comparing the average earnings of students in similar vocational programs. That earnings information is collected under gainful employment, a regulation that penalizes career-training programs for producing too many graduates with more debt than they can repay.”