With the administration having vetoed bipartisan legislation demanding otherwise, Secretary of Education Betsy DeVos is now free to implement policies that would make it much more difficult for graduates to get debt relief if they believe their college scammed them, according to The Hill. The legislation would have mandated that the department use the standard set by the Obama administration, which allowed debtors' loans to be forgiven if they could prove they had been defrauded. Under the new standards, however, it is no longer enough for claimants to say they've been defrauded; they will have to prove that their incomes have been negatively impacted. This, according to the administration, will save taxpayer dollars.

It calls to mind the argument raised by the defense team of Martin Schkreli, the smirking financier who once held the title of Most Hated Man in America. During his trial, his attorneys didn't dispute that their client outright lied to people, but said that some of those he'd lied to ended up making a lot of money, despite the fraud. Essentially, they argued that you can't be mad at him for committing fraud because that fraud benefited people.

Meanwhile, DeVos and Treasury Secretary Steven Mnuchin have both been named as defendants in a class action lawsuit launched by student borrowers and consumer advocates. Yahoo Finance said that the administration has not followed its earlier pledge to stop seizing tax refunds if people have outstanding student loan debt. While the promise was made in March, the plaintiffs are saying that the government nonetheless seized about $18 million in refunds from over 11,000 borrowers in April. Yahoo Finance said the department has since returned more than $2.2 billion in offsets to more than one million borrowers, although it is unknown whether these were the same borrowers who were saying their tax refunds were seized.