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Trump vetoes student loan forgiveness bill

Zach Friedman  |  June 1, 2020

By Zach Friedman, includes “In a widely expected move, Trump vetoed congressional legislation that would have overturned a key student loan forgiveness rule drafted by the U.S. Education Department under the leadership of Education Secretary Betsy DeVos. … DeVos has long believed that the Obama-era rules were too broad and that too many borrowers could qualify for student loan forgiveness. DeVos has sought to strike a balance between the needs of students and taxpayers. …”

Read the full article on: Forbes

 
 
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