The U.S. Department of Education reversed the Obama era policy of granting total federal student loan forgiveness for those who had been defrauded by their colleges. The move by Secretary of Education Devos made no sense even when they pushed their new partial forgiveness program by saying Improved Borrower Defense Discharge Process Will Aid Defrauded …
The Department of Education recently changed their position in forgiving federal student loans that students of Corinthian Colleges several schools were burdened with after the schools were found guilty of misleading students and deceit. Leap back to February 2015 when the Consumer Financial Protection Bureau and Department of Education announced student loan forgiveness for borrowers …
Great article out by Bloomberg Government really covers how badly former Corinthian College students are getting screwed by the current Department of Education Trump administration. “Other students who attended Everest and other schools owned by Corinthian College Inc. got a full discharge under the Obama administration. But the Trump administration has crafted a formula that …
In this previous post I talked about the new Department of Education policy to no longer issue full forgiveness on student loans for students which had been clearly screwed over. In their unbridled dystopian view of how to handle victims, the Department of Education decided only partial forgiveness may be available for students who attended …
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 …
As Martin Luther King wrote from the Birmingham Jail, justice too long delayed is justice denied. And of course justice that is not only delayed but incomplete is nothing more than a cynical parody of justice. As everyone knows, hundreds of thousands of students took out student loans to attend for-profit colleges and paid too …
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 …
I’d love to tell you I absolutely think the current Trump administration Department of Education is going to get the message that for-profit colleges are problematic, but I doubt it. The Century Foundation has obtained data from the U.S. Department of Education through a Freedom of Information Act (FOIA) request which paints a very clear …
Approximately 52,000 Americans died from opioid overdoses in 2015. That’s an average rate of around 140 deaths a day. In fact, opioid overdose is now the leading cause of death for Americans under age 50. If we continue at this rate, a half million Americans will die from drug overdoses over the next ten years–roughly …