Betsy DeVos Rolls Back Obama-Era Guidelines On Student Debt Collection
Câmon. Whatâs wring with that? Taxpayers are asked to support these snowflakes as they attend such important classes as Interracial Harmony and Peace or Interstitial Figures and Joy or a thousand others. Then, they whine when they get out and canât find a job.
Education Secretary Betsy DeVos on Tuesday rescinded a pair of Obama-era policies that aimed to reform how the government collects student loan debt, citing inconsistencies with the approach.
The Obama administration issued two memorandums in 2016 that directed student loan debt collectors to focus more on assisting borrowers with managing their debt, rather than maximizing their net collections.
The move was intended to improve how the government collects the almost $1.1 trillion of outstanding government-owned student loans, a process the U.S. Consumer Financial Protection Bureau in 2015 said was marred by âwidespread failures.â
Full story @ Betsy DeVos Just Took A Jackhammer To One Of Obama's Favorite Policies [Video]
Câmon. Whatâs wring with that? Taxpayers are asked to support these snowflakes as they attend such important classes as Interracial Harmony and Peace or Interstitial Figures and Joy or a thousand others. Then, they whine when they get out and canât find a job.
Education Secretary Betsy DeVos on Tuesday rescinded a pair of Obama-era policies that aimed to reform how the government collects student loan debt, citing inconsistencies with the approach.
The Obama administration issued two memorandums in 2016 that directed student loan debt collectors to focus more on assisting borrowers with managing their debt, rather than maximizing their net collections.
The move was intended to improve how the government collects the almost $1.1 trillion of outstanding government-owned student loans, a process the U.S. Consumer Financial Protection Bureau in 2015 said was marred by âwidespread failures.â
Full story @ Betsy DeVos Just Took A Jackhammer To One Of Obama's Favorite Policies [Video]