A number of states have filed an amended complaint against the Department of Education and Elisabeth DeVos over the handling of the Borrower Defense to Repayment Program gutted by the Trump administration. The allegations made by a number of states is that the Trump Department of Education has changed the rules about student loan forgiveness …
Betsy DeVos, President Trump’s Secretary of Education, gave a speech a few days ago in which she candidly acknowledged that the federal student-loan program is in crisis. In fact, she compared the student loan program to a “thunderstorm loom[ing] on the horizon.” Here is what Secretary DeVos said in her speech: The federal government holds …
The Department of Education Borrower Defense to Repayment has officially gone from being a blessing to a joke and now to essentially lights out. Education Secretary Betsy DeVos has made it clear that she feels forgiving federal student loans for students who are victims of school fraud is wasteful. She’s said, “all one had to …
The Department of Education under Betsy DeVos and the Trump administration is seemingly doing everything it can to eliminate consumer protections from schools of higher education that cause consumers to take out loans to attend. Secretary DeVos has been pushing for rollbacks on the Borrower Defense to Repayment program that gave students a way to …
I don’t know how much more bizarre and anti-consumer the Department of Education under Betsy DeVos can get. It has been horrible to watch Education end programs, drag their feet dealing with students who are the victims of fraud by schools, not holding student loan servicers accountable for good advice, and the list goes on. …
In a particularly damning article by the New York Times, a case is made how the DeVos Department of Education has brought on former for-profit college executives and limited investigations into bad acts of schools which had deceived and defrauded consumer students. In fact, the former investigate departments are said to have had communications with …
Betsy DeVos is in bed with the corrupt for-profit college industry. Her slavish pandering to the for-profit-college racketeers is truly shocking. Now she is trying to nullify a law that gives relief to students who were defrauded by for-profit colleges. In 1994, Congress passed a law giving students an avenue for getting their student loans …
Almost 44 million Americans are student-loan debtors, and every single one of them should see Betsy DeVos as their mortal enemy. Since President Trump appointed her as Secretary of Education, DeVos has done nothing to ease the suffering of college borrowers. On the contrary, she has done everything she can to prop up the venal …
Secretary of Education Betsy DeVos seems to be waging a terrible war against student loan debtors who have been defrauded by their schools in order to extract federal student loan money. Since the Trump administration took over the Department of Education has not actually delivered relief to a single Borrower Defense to Repayment claim. Yet …
The Consumerist is reporting the Department of Education has terminated its cooperation with the Consumer Financial Protection Bureau in dealing with student loan servicer problems. “DeVos accuses the Bureau of not living up to its end of agreements established in 2011 and 2013, by doing too much to hold loan servicers accountable.” “DeVos suggests that …