Welcome to this week's edition of our national education news roundup.
DeVos appoints current student loan company CEO to head student loan agency
Wayne A. Johnson will be the new head of Office of Federal Student Aid after James Runcie abruptly resigned last month, the U.S. Department of Education announced this week. FSA is the agency responsible for administering $1.4 trillion in outstanding student loans from 42 million borrowers, plus other aid programs for millions of college students.
As not mentioned in the department's press release, and first reported by BuzzFeed, Johnson is currently the CEO of Reunion Financial Services Corporation, a private student loan company.
More:
http://www.npr.org/sections/ed/2017/06/24/533950485/devos-appoints-ceo-of-a-student-loan-company-to-head-federal-aid-agencyOh, come ON! Look, we expect logrolling, back scratching, and corruption from politics. That's what they do. Just don't be so damned obvious about it.