Politico: U.S. Department of Education Slows Down College Student Debt Repayment

Diane Ravitch's blog

I suppose it was inevitable that Betsy DeVos’s ED Department would side with for-profit colleges that have defrauded students. After all, she invested in such colleges, and Trump notoriously opened Trump University, which was ordered to repay students $25 million for its fraudulent courses.

Politico reports:

DEBT FORGIVENESS SLOWDOWN: Student loan recipients defrauded by their for-profit colleges might have to wait longer to see that debt forgiven by the Education Department. Since President Donald Trump took office, the department appears to have drastically slowed the approval of debt relief to tens of thousands of student borrowers seeking to have their federal loans canceled on the grounds their colleges defrauded them. That’s according to several current and former government officials.

– A department spokesman said in an email to POLITICO that the department “has not stopped approving borrower defensed repayments,” but declined to say how many claims the department had approved…

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