Unfettered Predation Proponent DeVos Loses: Judge Supports "Borrower Defense" Obama-Era Requirement

here, bad news, likely temporary, for the industry shill:

001. bloomberg.com reports, in "Betsy DeVos Loses Student Loan Lawsuit Brought by 19 States" [2018-09-12]:

"U.S. Secretary of Education Betsy DeVos lost a lawsuit brought by 19 states and the District of Columbia, accusing her department of wrongly delaying implementation of Obama-era regulations meant to protect students who took out loans to attend college from predatory practices. A Washington federal court judge on Wednesday ruled the department’s postponement of the so-called Borrower Defense rule was procedurally improper. The Obama administration created the rule in the wake of revelations that some for-profit colleges enticed students with promises of an education and diplomas that would allow them to get jobs in their chosen fields [...it found found] the department deprived plaintiffs 'of several concrete benefits that they would have otherwise accrued,' U.S. District Judge Randolph Moss wrote in a 57-page opinion. '"The relief they seek in this action -- immediate implementation of the Borrower Defense regulations -- would restore those benefits.' Writing that he didn’t want to delay matters further, Moss said he will hold a hearing Friday to consider remedies [...]";

we'll see where this goes.  Generally speaking, IMHO, the judges side with the institutions and the banks who reap / suckle from the population like aristocracy from peasants.