Biden Administration Backs DeVos in Fight Over Testifying About Loan Forgiveness | Politico
The Biden administration is backing former Education Secretary Betsy DeVos as she tries to avoid having to testify in a lawsuit challenging the Trump administration’s lengthy delays and sweeping denials of student loan forgiveness claims.
Biden Admin Teams Up with Ex-Trump DOJ Official to Defend Betsy DeVos Against Ripped-Off College Students | Law and Crime
The U.S. Department of Justice (DOJ) under President Joe Biden is going to the mat for former secretary of education Betsy DeVos. In a Monday filing with the U.S. District Court for the Southern District of Florida, Acting Assistant Attorney General Brian Boynton and other DOJ attorneys argued that students who were ripped off by for-profit scam colleges cannot depose the former Trump-era official.
“Attacking the Concept of Debt” | Harvard Magazine
Only a few years ago, Douglas Jones, who worked night shifts as a security guard at a nursing home in Roxbury, was hesitant to spend even $10 more than his typical budget allowed. Payments on his student loan debt were being withdrawn directly from his bank account. If the balance was short—for instance, if Jones hadn’t managed to get 40 hours at his job that week—the bank charged an overdraft fee. The debt had ruined his credit score and he hadn’t had a credit card in years. “They were even taking money I didn’t have,” Jones says. “It was stressing me the hell out.” Along with millions of other Americans, Jones had fallen prey to the for-profit college industry, which is in essence a two-pronged system—federal loans at one end and for-profit schools designed to access those loans at the other.
DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post
A federal judge is weighing higher fines for the Education Department after the federal agency disclosed that it pursued scores of additional borrowers for debt collection — violating a court order.
Parents Poised to Gain Easier Access to College Loans | The Wall Street Journal
Amid Enrollment Pinch, Tighter Standards Put on Borrowing Program in 2011 in Line to Be Loosened. The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.