Providing for Congressional Disapproval of Rule Submitted By Department of Education Relating to ``Borrower Defense Institutional Accountability''--veto Message From the President of the United States

Floor Speech

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Mr. COURTNEY. Mr. Speaker, just a few weeks ago, right before Memorial Day, President Trump very quietly, behind closed doors, vetoed this bill, a bill that protects a borrower defense rule, which was supported by a wide range of veteran service organizations.

For years, young veterans who sought an education after serving their country have been targeted by for-profit, rip-off education factories that swallow up their GI benefits and then pile on new student loans.

Stories abound about men and women who wore the uniform of this country left with crushing debt and worthless degrees that denied them the rewarding careers they were promised. Although many today are entitled to loan forgiveness, the Department of Education, under Secretary Betsy DeVos, has willfully made this process as onerous as possible.

Mr. Speaker, if we listen to the American Legion, the Iraq and Afghan Veterans of America, and the Vietnam Veterans of America, vote to override, and we can restore these victims of fraud and greed some semblance of financial solvency. If we do not override this veto, the share of eligible debt forgiveness will drop from 53 percent to just 3 percent, and we will betray thousands of Americans who stepped up and volunteered to protect our Nation.

Mr. Speaker, I urge my colleagues to vote ``yes'' to override.

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