AUGUSTA, Maine - Maine's attorney general will join a federal lawsuit against U.S. Education Secretary Betsy DeVos, over her decision to suspend rules meant to protect students from abuses by for-profit colleges.
The borrower defense rules were set to go into effect on July 1. The lawsuit demands that the federal government implement them.
AG Janet Mills says, since many of the loans students take out to attend for-profit colleges are federally subsidized, the current system is effectively subsidizing the schools' profits.
"To spend that kind of money on loans for students to attend for-profit private education schools and not have some accountability, is unforgivable," Mills says.
AGs from 18 states and the District of Columbia, filed the suit last week, but Attorney General Janet Mills says she didn't get time to review the complaint before the state government shutdown. She'll likely join the lawsuit at the next filing - maybe as soon as next week.
Mills announced Monday that she is running for governor, as a democrat.
EXTRA CUT:
.{We think this is vital to protect the rights and financial viability of people who have had to borrow a lot of money to pay the schools, and get no results. }