March 29, 2018
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8:57Now PlayingThe Education Department has awarded two contracts to debt collection agencies and they have really raised some eyebrows. Ana Kasparian, Francis Faxwell, and Mark Thompson, hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
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"A company that once had financial ties to Education Secretary Betsy DeVos was one of two firms selected Thursday by the Education Department to help the agency collect overdue student loans. The deal could be worth hundreds of millions of dollars.
The decision to award contracts to Windham Professionals and Performant Financial Corp. — a company DeVos invested in before becoming secretary — arrives a month after a federal judge ordered the department to complete its selection of a loan collector to put an end to a messy court battle. Windham and Performant beat out nearly 40 other bidders for contracts valued at up to $400 million, but their win may be short-lived if the losing companies fight the decision."
Hosts: Ana Kasparian, Francis Maxwell, Mark Thompson
Cast: Ana Kasparian, Francis Maxwell, Mark Thompson
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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