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Tag: Education Rules

@BetsyDevosEd is making it easier for loan companies to come after borrowers
Trump, Trump's America

@BetsyDevosEd is making it easier for loan companies to come after borrowers

Loan borrowers in America beware: Betsy DeVos and Co are coming for you whether you like it or not.  According to the Department of Education, DeVos, has announced that two more additional Obama-era memos have been rescinded.  Of those two memos, uh,  are  details now making headlines around the world. In the two original memos,  Obama, had made it more difficult for companies with  government contracts to take advantage of students and borrowers as they long have in the past. DeVos feels they haven't citing that "this is inconsistent with the beliefs of the Trump administration" (per reports).  The goal of the original memos?  To ensure that government contracts went to companies actually looking to help borrowers and make good on their loan p...
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