Latest News and Comment from Education

Sunday, October 27, 2019

Betsy DeVos owes taxpayers at least $100,000. And we owe her our contempt. | Eclectablog

Betsy DeVos owes taxpayers at least $100,000. And we owe her our contempt. | Eclectablog

Betsy DeVos owes taxpayers at least $100,000. And we owe her our contempt.
Even a Judge and a Republican cannot help be disgusted by DeVos’ passion for loading up Americans with unpayable debt

Last Thursday should be remembered as the day the news caught up with the remorseless wretchedness of Betsy DeVos.
We can now say with certainty that Donald Trump’s Secretary of Education is illegally ripping off Americans who’ve already been illegally ripped of by a for-profit college of the sort her policies encourage.
A federal judge on Thursday held Education Secretary Betsy DeVos in contempt of court and imposed a $100,000 fine for violating an order to stop collecting on the student loans owed by students of a defunct for-profit college.
The exceedingly rare judicial rebuke of a Cabinet secretary came after the Trump administration was forced to admit to the court earlier this year that it erroneously collected on the loans of some 16,000 borrowers who attended Corinthian Colleges despite being ordered to stop doing so.
Of course, the crime is multiplied by who will pay the fine: Taxpayers.
A cool $100,000 is nothing for a born-billionaire like DeVos, whose family’s capital gains income went up $5 million in 2018, after the Trump tax cuts went into effect.
Notably, this “exceedingly rare judicial rebuke” pales to an an even more historic slam of DeVos’ CONTINUE READING: Betsy DeVos owes taxpayers at least $100,000. And we owe her our contempt. | Eclectablog