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Author Topic: U.S. Not Granting Loan Relief To Defrauded Students: Inspector General  (Read 392 times)

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Offline edpc

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U.S. Not Granting Loan Relief To Defrauded Students: Inspector General
« on: December 12, 2017, 12:26:44 am »
WASHINGTON (Reuters) - The U.S. Education Department under President Donald Trump and Secretary Betsy DeVos has stopped cancelling the student-loan debt of people defrauded by failed for-profit schools and those borrowers face mounting interest and other burdens, its inspector general said on Monday.

DeVos is seeking to redo the process for cancelling the debts of people who attended Corinthian Colleges, which collapsed in 2015 amid government investigations into its post-graduation rates, and other failed schools.

https://www.yahoo.com/news/u-not-granting-loan-relief-defrauded-students-inspector-224756542--sector.html
« Last Edit: December 12, 2017, 12:28:00 am by edpc »
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Offline edpc

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Re: U.S. Not Granting Loan Relief To Defrauded Students: Inspector General
« Reply #1 on: December 12, 2017, 12:34:33 am »
Seems like you should get some relief if the credit hours aren't valid or transferable.
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Online Hoodat

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Re: U.S. Not Granting Loan Relief To Defrauded Students: Inspector General
« Reply #2 on: December 12, 2017, 01:39:44 am »
Good move.  I support DeVos on this.  Adults need to start making smarter decisions.  After all, they are the ones borrowing the money - not the pretend schools.
« Last Edit: December 12, 2017, 01:41:19 am by Hoodat »
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Offline Sanguine

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Re: U.S. Not Granting Loan Relief To Defrauded Students: Inspector General
« Reply #3 on: December 12, 2017, 12:43:24 pm »
Quote from: edpc on December 12, 2017, 12:34:33 am
Seems like you should get some relief if the credit hours aren't valid or transferable.

Yes, we taxpayers should be getting some relief.
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