Lawsuits accuse feds of illegally delaying Obama-era student loan rules

Students who have been cheated by their schools are suffering thanks to the Department of Education’s delay in implementing Obama-era regulations aimed at making students whole when they’ve been misled by their schools, a pair of lawsuits filed Thursday by 19 attorneys general and two former for-profit college students claim.

The suits, filed in U.S. District Court, are challenging the Department’s decision, announced last month, to hold off on implementing the so-called borrower defense regulations, which provide federal student loan borrowers with a clear path to apply for debt relief in cases where they believe they were misled by their schools.

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