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Showing the Latest Student Loans Results
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DeVos Once Again Shields Problematic Accreditor From Accountability
Chronically-troubled for-profit college accreditor, the Accrediting Council for Independent Colleges and Schools [ACICS], has reportedly received yet another break from Secretary Betsy DeVos’ Education Department with their decision to delay their evaluation until February 2021.
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DeVos Aide Scuttles Student Debt Relief Website For Making Process “Too Easy”
The New Website From Federal Student Aid Would Have Allowed Student Borrowers To More Easily Apply For Relief After Being Defrauded.
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Trump Must Choose: Betsy DeVos or Student Borrowers?
Washington D.C. – Today the US Senate voted to disapprove of Education Secretary Betsy DeVos’ new “Borrower Defense” rule that would have left defrauded student borrowers struggling to pay illegitimate debts. On a vote of 53-42, Senate Joint Resolution 56 – and the fate of tens of thousands of defrauded borrowers – now moves to…
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DeVos Rebuffed by Congress on Borrower Defense Rollback
In a win for students and taxpayers alike, today the U.S. House passed a key resolution to overturn the Trump-DeVos Education Department’s rule gutting student borrower protections.
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Trump on Student Debt Crisis: “We don’t have a plan”
That says it all about what a bottom-barrel priority the student debt crisis has been to the President.
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Trump Education Official (And Former For-Profit College Lobbyist) Buries 158,000 Claims From Defrauded Student Borrowers
Diane Auer Jones is completely disregarding the Obama-era protection “Borrower Defense to Repayment.” It provides a path to debt forgiveness for students defrauded by their (non-profit) colleges.
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Valentine’s Day Is Over Yet Trump Education Secretary Betsy DeVos Is Handing Out Sweetheart Deals for Student Loan Servicers
Congressional Hearings Should Be Held Immediately On The Gross Mismanagement and Potential Fraud In The $1.4 Trillion Federal Student Loan Program
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FTC Commissioner Says Mulvaney’s CFPB Could Go After Lender for Misleading Student Loan Borrowers. Will It?
Unlike the Federal Trade Commission, CFPB Acting Director Mick Mulvaney can demand civil penalties for misleading students. Will he or will he continue bowing down to predatory lenders?
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Mulvaney Lectures Students on Moral Consequences of Failing to Pay Back Student Loans
“This coming from a man who loyally serves a President whose companies have filed for bankruptcy four times to avoid paying their debts!”
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Despite 53,000+ Complaints, Mulvaney Sides with DeVos and Neuters Student Loan Office
Mulvaney sides with Education Secretary DeVos in protecting powerful student loan processors over borrowers.