Democrats Press Obama on Debt Relief

A group of congressional Democrats on Wednesday criticized the Obama administration’s draft proposal for new regulations governing how students can seek debt relief when they are defrauded by their college.

Two high-ranking House Democrats as well as 35 Senate Democrats sent letters to Obama calling for a more streamlined process than what the administration has been considering. The lawmakers said the debt relief process should be more automatic, apply to large groups of students, accept evidence of wrongdoing collected by state attorneys general, and not be time limited.

Negotiations over the regulations will continue at a third and final session next week.