Cost of Proposed Student Loan Regulation Could Exceed $43 Billion Estimate
Posted By Brent Scher On August 15, 2016 @ 4:59 am In Issues | No Comments
The Obama administration’s new regulation on student loans could cost taxpayers more than the Department of Education’s estimate of $43 billion, according to experts.
The administration’s proposed rule would ease the loan relief process for student borrowers, allowing anybody who claims to have been victimized by a university’s “substantial misrepresentation” to sue that institution.
Article printed from Washington Free Beacon:
http://freebeacon.comURL to article:
http://freebeacon.com/issues/cost-admins-proposed-student-loan-regulation-exceed-43-billion-estimate/
