Why Betsy DeVos Will Rewrite These Student Loan Forgiveness Rules

Why Betsy DeVos Will Rewrite These Student Loan Forgiveness Rules

The Trump administration announced Wednesday that it will rewrite two Obama-era rules intended to protect student loan borrowers. The U.S. Department of Education said new committees will be formed to rewrite rules for Borrower Defense To Repaying and Gainful Employment. Here’s what you need to know. What Is Borrower Defense To Repaying? Borrower Defense To Repaying allows students to have their federal student loans forgiven if a school employed illegal or deceptive practices to encourage the students to borrow debt to attend the school. This rule was scheduled to become…

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TVTC revokes licenses of training institutes for violating rules

TVTC revokes licenses of training institutes for violating rules

RIYADH: The Technical and Vocational and Training Corporation (TVTC) granted 126 licenses to training facilities last year, of which 59 have been canceled due to various violations. Fahad Al-Otaibi, TVTC spokesman, said of the 59 licenses issued to training facilities managed by the private sector, 24 were cancelled. The licenses were revoked after the training facilities were found to be violating rules and regulations after being notified to correct irregularities in their operations. He said the erring institutes committed violations by using unlicensed training programs, non-commitment to training regulations, hiring…

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