DeVos regulatory framework means less pressure on colleges, tougher standard for student borrowers

Eighteen months into Education Secretary Betsy DeVos's tenure, colleges with poor student outcomes -- particularly for-profit institutions -- are poised to benefit from a more forgiving regulatory approach than under the Obama administration. Colleges had pushed for those changes, but consumer advocates say students will lose out. DeVos late last month released details of a new borrower-defense rule that would raise the standards for students who were misled by their institution and are...