The Education Department’s proposed rule for student debt forgiveness could threaten traditional colleges as well as for-profit institutions, particularly over its broad view of what constitutes misrepresentation in marketing to students and its new requirements for the financial stability of institutions.
More information regarding this matter, along with a link to the proposed rule can be accessed athttps://www.insidehighered.com/news/2016/07/11/proposed-federal-rules-student-debt-forgiveness-worry-some-nonprofit-colleges.