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Update on Proprietary Schools and Trump Administration

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What a shame -- DeVos and the Trump administration are doing everything they can do to help the proprietary schools flourish, including packing the DOE with industry insiders and lobbyists, and the sector still isn't doing well. Couldn't happen to a nicer group of people!! Maybe people are finally catching on. :)

https://www.washingtonpost.com/business/despite-devos-help-for-profit-colleges-yet-to-see-a-rebound/2018/04/07/d2ddc546-3a60-11e8-af3c-2123715f78df_story.html

Edited by Joe V

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Another update! The DOE has been aware since 2017 that one of the main student loan servicing company is ripping off students, and has done nothing about it. De Vos and the Trump administration continue to side with big business against ordinary Americans.

AP Exclusive: Gov'''t questions unfair student loan practices

One of the nation's largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans.

 

That's the finding of a Department of Education audit of practices at Navient Corp., the nation's third-largest student loan servicing company.

 

The conclusions of the 2017 audit, which until now have been kept from the public and were obtained by The Associated Press, appear to support federal and state lawsuits that accuse Navient of boosting its profits by steering some borrowers into the high-cost plans without discussing options that would have been less costly in the long run.

 

The education department has not shared the audit's findings with the plaintiffs in the lawsuits. In fact, even while knowing of its conclusions, the department repeatedly argued that state and other federal authorities do not have jurisdiction over Navient's business practices.

 

"The existence of this audit makes the Department of Education's position all the more disturbing," said Aaron Ament, president of the National Student Legal Defense Network ...

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How can any patriot believe that what they are doing is good and in the best interests of the majority of students or citizens?

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Most people who have careers in education are advocates for education. DeVos is not an advocate for public education and is working toward it's fundamental change to a worker training program. Mystery depression solved.

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