Schooling in the Ownership Society: Sen. Warren warns Duncan: Don't be a 'lapdog' to the banks

Schooling in the Ownership Society: Sen. Warren warns Duncan: Don't be a 'lapdog' to the banks:

Sen. Warren warns Duncan: Don't be a 'lapdog' to the banks

The U.S. Department of Education risks becoming a “lapdog” as a result of recent actions toward financial companies such as Sallie Mae, Sen. Elizabeth Warren charged Thursday.

“The Department of Education needs to be aggressive in watching out for students, not for profit-making loan servicers,” Warren said. “They’re there for our students, not to help loan servicers make a profit.”

Run, Elizabeth run!