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November 7, 2019
To those schools and you shouldnt be on the hook for it even though it did. that was how the obama administration handled this crisis. then came the trump administration and a new education secretary, betsey devos. she had a very different idea. so her top lawyer at the education department came up with a memo describing what would be the policy change on this matter under the trump administration. and we have obtained that memo here tonight. this is the memo. its from december 2017, and what it...
November 7, 2019
Would be the policy change on this matter under the trump administration. and we have obtained that memo here tonight. this is the memo. its from december 2017, and what it says basically is actually some of these scammed for-profit college students should pay back their loans, they should be on the hook for that money. the idea as laid out in this memo is that the students must have gotten some benefit from these scam schools. if the department could show that these people ended up working in j...
October 25, 2019
30% of all adult americans have student debt. the average debt is 20 to $25,000 a person. thats according to the u.s. federal reserve, although the average is not a good number in this particular instance because some people have a lot more debt and some people are paying off smaller amounts of debt into their 40s and later. there are a lot of proposals out there, particularly amongst democratic candidates to address this. amongst democrats this is a very, very serious issue. over the course of ...