Obama Administration Adds Regulation to Help Families Make College Decisions

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Obama Administration Adds Regulation to Help Families Make College Decisions

Nov, 29th 2016

By Betsy Mayotte | Contributor Nov. 23, 2016, at 10:00 a.m.

A few weeks ago, the Student Loan Ranger outlined some recently published regulations that were created to address the spate of large institutions suddenly closing.

The point of these new regulations was twofold: to ensure that defrauded borrowers can access relief and to create a kind of early warning system so that families and the federal government would know sooner whether a school might be having financial or other issues. We've previously focused on borrower relief; now let's discuss the other half of these new rules.

[Learn how defrauded student loan borrowers will receive relief with new regulations.]

The early warning system stands to help families decide not only which college to choose but also...

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