​Defense to Repayment

Under the previous administration, the Department of Education finalized a regulation on borrower defense to repayment. CECU supports the basic premise of the regulation. Unfortunately, the Department added language to the final regulation aimed at closing institutions in our sector. Recently, the Department of Education held negotiated rulemaking hearings to rewrite this rule. Information on these sessions can also be found on the Department of Education's website. 
 
CECU provided members summaries and analyses of these sessions, and we are also happy to answer any questions or provide assistance. Please contact our team with questions or requests.