Trump vetoes bipartisan measure against DeVos’ loan rules

In issuing his veto, Trump said the rules created by former President Barack Obama “defined educational fraud so broadly that it threatened to paralyze the nation’s system of higher education.”

He added that DeVos’ policy “strikes a better balance, protecting students’ rights to recover from schools that defraud them while foreclosing frivolous lawsuits that undermine higher education and expose taxpayers to needless loss.”