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Defenses for education loan borrowers

Defenses for education loan borrowers

The Department of Education is rewriting federal government guidelines directed at protecting students whom attended profession planning programs at for-profit universities but neglected to make projected incomes or advertised these were misled by schools. Under a guideline that has been planned to just take impact final July, defrauded customers might have expected the government that is federal forgive their loans. Another legislation, partly in place, denies university programs federal capital if graduates don’t earn adequate to help on their own and repay their loans.