"What do you call a billionaire who registered a $40 million, 164-foot yacht in the Cayman Islands to avoid $2.4 million in U.S. taxes, while undermining public schools? The worst education secretary in the history of America," tweeted the Vermont senator, a leading proponent of student debt cancellation and tuition-free higher education. "Bye-bye, Betsy DeVos. You won't be missed."
In a speech at an Education Department financial aid conference on Tuesday, the outgoing education secretary dismissed as "government gift-giving" proposals to forgive crippling student loan debt and eliminate tuition for public colleges and universities.
"We've heard shrill calls to cancel, to forgive, to make it all free. Any innocuous label out there can't obfuscate what it really is: Wrong," said DeVos, who last year proposed handing the federal government's $1.6 trillion student loan portfolio over to a "stand-alone government corporation." Critics slammed the proposal as an attempt to prevent the next president from canceling any of the debt.
President-elect Joe Biden has vowed to forgive a portion of the student debt held by tens of millions of Americans and make public colleges and universities tuition-free for families with incomes below $125,000 a year. The former vice president has not yet announced his pick to succeed DeVos. CONTINUE READING: "Bye-bye, Betsy DeVos. You won't be missed," says Sanders to billionaire education secretary | Salon.com