Tag: Betsy DeVos
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DeVos Hands For-Profit Colleges $11.1B Over 10 Years
By Charlene Crowell Most consumers would likely agree that consumers should get what they pay for. If a product or service fails to deliver its promises, refunds are in order. That kind of thinking guided the Obama Administration’s decision to address false promises made to student loan borrowers. A rule known as the “borrower defense to repayment”, came on the heels of successive for-profit college closures that left thousands of students ... -
Forgive Federal Student Loans Held by Disabled Veterans
By Charlene Crowell Although Memorial Day is considered by many civilians as the unofficial start of summer, the true intent of the holiday is to annually honor those who lost their lives fighting for our country. The men and women who wear or have worn this nation’s uniform in military service across wars and generations ... -
$62B Education Cuts Proposed, College Aid Could be Slashed
By Charlene Crowell Every budget defines priorities and values. To put it another way, what’s really important in life gets supported financially. For many families, having a home, food, and utilities usually rank pretty high. Then there are other budgetary concerns like saving for college or having a ‘rainy day’ fund to cover less frequent ... -
The Miseducation of “Betsy DeVoid”
By Julianne Malveaux Even her boss, the 45th President of the United States, is derisive of Education Secretary Betsey DeVoid, the Devos woman who is devoid, absent, of good sense. She may have even been placed in her position as payback for whatever support her wealthy family provided to the certified public liar of a ... -
Betsy DeVos’ $5B Giveaway to For-profit Colleges
By Charlene Crowell Today’s increasingly competitive global economy requires and recruits those who are highly-skilled and knowledgeable. People understand and accept that higher education is a means to become employable, marketable, and competitive. It is equally true that the rising costs of higher education have now forced 44 million consumers to borrow $1.4 trillion in ...