Update on Proprietary Schools and Trump Administration

  1. 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/busin...8df_story.html
    Last edit by Joe V on May 10
  2. Visit elkpark profile page

    About elkpark Pro

    Joined: Oct '03; Posts: 17,477; Likes: 43,237

    12 Comments

  3. by   elkpark
  4. by   elkpark
  5. by   elkpark
  6. by   toomuchbaloney
    DeVos needs to lose her position in addition to losing court cases.
  7. by   elkpark
  8. by   elkpark
  9. by   Tweety
    Quote from elkpark

    I stopped when I got to "Obama era regulations"...that's all Trump needs to know to be convinced to get rid of it.
  10. by   elkpark
    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 ...
  11. by   toomuchbaloney
    How can any patriot believe that what they are doing is good and in the best interests of the majority of students or citizens?
  12. by   elkpark
  13. by   toomuchbaloney
    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.
  14. by   herring_RN
    Education Secretary Betsy DeVos forced to cancel $150 million in student loans after losing court battle
    * The Department of Education will cancel $150 million in student loans after losing a court battle.
    * Students who borrowed loans to attend schools that shuttered between May 2013 and December 2018 can expect to see their debt erased soon.
    * DeVos has been a critic of the Obama-era policy that erased debt for those who attended shuttered schools that violated the law or misled students.

    The Department of Education will cancel $150 million in student loans after losing a court battle against an Obama-era borrower defense relief program that allowed people a chance to seek debt forgiveness if their schools shut down and violated the law or misled students. Education Secretary Betsy DeVos has been highly critical of the program, which she described in the past as giving students "free money."

    In a statement, the Department said it has identified nearly 15,000 borrowers who are eligible to have their debt forgiven based on their attendance at a school that closed between November 1, 2013, and December 4, 2018. Around half of these borrowers, the Department said, had attended Corinthian Colleges, Inc. - a for-profit education company that shut down in April 2015...
    Betsy DeVos forced to cancel $15 million in student loans - Business Insider

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