It's kind of shocking, when it comes to how irresponsible it is. It's emblematic of a desire to, essentially, increase corporate power.
Department of Education
- page 354
… amend the HEA to abrogate, or substantially reduce, the power of the Secretary to cancel, compromise, discharge, or … the principal balances of Title IV student loans, as well as to modify in any material way the repayment amounts … amend the HEA to abrogate, or substantially reduce, the power of the Secretary to cancel, compromise, discharge, or … - page 354
- page 354
… the department’s authority to forgive loans based on borrower defense to repayment; instead, the department Chapter … the department’s authority to forgive loans based on borrower defense to repayment; instead, the department … amend … - page 354
- page 354
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