This week we gave Secretary of State Besty DeVos some grief on Twitter for declaring a “crisis” with student loans. We certainly agreed with the assessment, but thought it shouldn’t have taken nearly two years on the job to identify the problem. While there is plenty to criticize from her …
DeVos Fires Federal Student Loan Debt Collectors
In a rare win for student loan borrowers under the Trump administration, the Department of Education made public plans to eliminate the use of private debt collectors tasked with collecting federal student loan bills from borrowers who were behind on payments. By eliminating private debt collectors from federal student loans, …