Borrower Defense to Repayment: What State Regulators Need to Know about the Rules, Process and Latest ED Activity
The Borrower Defense to Repayment ("BDR") provisions of the Higher Education Act and related U.S. Department of Education regulations have recently been in the forefront of Title IV compliance matters. With various BDR regimes potentially applicable to schools and student borrowers, the Sweet v. Cardona settlement agreement for certain cohorts of BDR claimants, and recent litigation over the latest changes to the BDR regulations, it is important for all actors in the Title IV regulatory triad to remain current on how the BDR regulations are being implemented and what related actions are expected from the Department in the near term.
Presenters:
Jonathan Tarnow, Partner, Education Practice, Faegre Drinker Biddle & Reath LLP
Sarah Pheasant, Associate, Faegre Drinker Biddle & Reath LLP