Trump Administration Eyes Easing Student Debt Protections

Clare McCann was quoted by AFP on student loan debt forgiveness:

Clare McCann, an expert on higher education at New America, a public policy think tank, says the for-profit schools have a built-in incentive to maximize their profits at their students' expense.

And yet, she said, "many for-profit colleges get almost 90 percent of their money from federal grants and loans."

"Taxpayers spend $130 billion every year on these schools," she said.

McCann, who was involved in the 2016 rule changes, believes the revised rules will be ready in November 2018.