CURMUDGUCATION: DeVos Actually Sparks Bipartisan Action In Senate

CURMUDGUCATION: DeVos Actually Sparks Bipartisan Action In Senate

DeVos Actually Sparks Bipartisan Action In Senate

You may recall that Betsy DeVos really, really, really hates the idea of forgiving the loans that students took out to attend what turned out to be fraudulent predatory not-so-good for-profit universities, to the point that when she had to sign off on loan forgiveness paperwork left over from the previous administration, she felt compelled to add "with extreme displeasure" to her signature.

Either the department had some real problems executing the requirements of the rules requiring loan forgiveness, or they implemented an impressive federal-level program of institutional foot-dragging and deliberate "gosh, we'll get right on that" bullshit. I'm pretty sure I have a good idea which one Judge Sallie "I'm not sending anyone to jail yet, but it's good to know I have the power" Kim was thinking as she fined DeVos and the department.

All of that was just a warm-up for the main event, in which DeVos rewrote the rules of loan forgiveness. Her sales pitch was "It will save the taxpayers $11 billion," but that was because she rewrote CONTINUE READING: CURMUDGUCATION: DeVos Actually Sparks Bipartisan Action In Senate