Statement on Education Department Rescinding Partial Relief Policy

In response, Kyle Southern, Policy and Advocacy Director for Higher Education and Workforce for Young Invincibles released the following statement:

We thank officials at ED for their swift attention to rescinding the partial relief formula that has already done damage to many defrauded borrowers, as well as the many advocates for defrauded borrowers who for years have worked to ensure they receive the full debt relief they deserve. Although this action does not replace the harmful borrower defense rule opposed by bipartisan majorities in both houses of Congress last year that was left in place only by presidential veto, it is a promising sign that stronger protections for borrowers–and stronger accountability for colleges that would defraud them–are on the way.”