The Logical Leftist
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Betsy DeVos just screwed over people with Student Loans
Posted
April 15, 2017
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"President Trump's Education Secretary Betsy DeVos undercut student loan protections on Tuesday that were put in place by the administration of former President Barack Obama.
The Obama policy memorandums withdrawn by DeVos required that the government’s Federal Student Aid office do more to help borrowers manage or discharge their debt, Bloomberg reports.
DeVos said in a press memo that she was rescinding the previous administration's list of demands to "demonstrate sound fiscal stewardship of public dollar" and limit the cost to taxpayers. The move came after a letter from industry lobbying National Council of Higher Education Resources asking Congress to alter or delay the Education Department's changes."
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Federal Student AidNational CouncilHigher Education ResourcesEducation Department's
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