Davis Votes to Override Veto of Student Borrower Defense Rule, Reaffirms Commitment To Provide Debt Relief to Students
Davis was one of 6 Republicans in the House to override the President’s veto
U.S. Representative Rodney Davis (R-Ill) today voted to override President’s Trump’s veto of House Joint Resolution 76 (H.J. Res. 76), which reversed the Trump Administration’s attempt to delay and revise implementation of President Obama’s Student Borrower Defense Rule.
“Providing student loan debt relief is one of my top priorities,” said Rep. Davis. “That is why I joined my Democratic colleagues in voting to support students who were defrauded by for-profit colleges and provide them with debt relief. We should be doing everything we can to address the growing student loan crisis and prepare students for worthwhile careers post-high school and college.”
Rep. Davis has been a leader in Congress in working to provide student loan debt relief. Most recently, Rep. Davis’ bipartisan legislation, H.R. 1043, the Employer Participation in Repayment Act, was enacted into law through the CARES Act. Davis’ legislation allows employers to offer a tax-free benefit of up to $5,250 to their employees to pay down existing student debt just as is currently allowed for tuition assistance.
In 2016, the Obama Administration’s Student Borrower Defense Rule created a streamlined process for students who were defrauded by for-profit colleges to seek debt relief. Multiple, now-defunct, for-profit colleges defrauded students by misleading them into pursuing useless degrees and exaggerating the job opportunities that would be available to them upon graduation.
Many students who attended these for-profit universities took on large amounts of student loan debt to obtain these degrees. The lack of job opportunities for these students made it incredibly difficult to make their student loan payments.
In 2019, U.S. Department of Education Secretary Betsy DeVos issued a revised Student Borrower Defense Rule which delayed implementation of the rule and made it more difficult for students to seek debt relief.
H.J. Res. 76, passed in January, was the U.S. House’s first use of the Congressional Review Act (CRA) to reverse an executive branch agency rule implemented by the Trump Administration. The resolution sought to restore the Obama Administration rule. Rep. Davis was one of six Republican lawmakers in the U.S. House to vote with the House Democrats for H.J. Res. 76 earlier this year.
Through the CRA, Congress has the authority to overrule a regulation issued by an agency by enacting a joint resolution approved by both the U.S. House and Senate.
You can view an H.J. Res. 76 fact sheet from the House Committee on Education & Labor here.
You can view a comparison of the Obama and Trump Administration Borrower Defense Rules here.