there are a lot of issues roiling our Nation these days. I want to talk about an issue that may not get all the headlines, but that has seen dramatic and troubling changes this year: our Nation's higher education policy. Over the last several weeks, Secretary of Education Betsy DeVos has continued her assault on students and their families. Previously we had seen her rescind reforms that would improve customer service for students and hold student loan servicers accountable for their treatment of borrowers; rescind a policy prohibiting debt collectors from charging borrowers 16 percent fees to bring their loans out of default; halt the processing of borrower defense loan discharge applications from students defrauded by for- profit colleges and throwing out rules intended to help students get the discharges to which they are entitled to under law; rewrite the gainful employment rule, which is meant to protect students from programs for-profit colleges that saddle students with too much debt compared to their income; propose eliminating public service loan forgiveness, which helps students afford to serve their communities, States, and country while repaying their student loans; propose dumping $38 billion in additional student loan interest on needy students by eliminating subsidized undergraduate loans; and propose freezing the maximum Pell grant award so that their award covers even less of what it costs a student to attend college.…
On the recordOctober 5, 2017
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