We The People

We The People

Friday, April 14, 2017

Ed Secretary Betsy DeVos Rolls Back Obama Protections for Student Loan Defaulters

Ed Secretary Betsy DeVos Rolls Back Obama Protections for Student Loan Defaulters:

 "U.S. Education Secretary Betsy DeVos is withdrawing protections put in place by former President Barack Obama for students who have mismanaged or are defaulting on their college loans.
In a letter to Federal Student Aid (FSA) operating officer James Runcie, DeVos withdrew several policy memos, issued by former Obama education secretary John King, which concerned the servicing of student loans and how student loan debt is collected."