DeVos ends agreement to work on student loan fraud
Source: The Hill
BY SYLVAN LANE - 09/05/17 12:30 PM EDT
The Education Department on Friday announced it will stop working with the Consumer Financial Protection Bureau (CFPB) to police student loan fraud.
The department, now led by Education Secretary Betsy DeVos, cancelled agreements with the CFPB from 2011 and 2013 that established the working relationship, arguing the agency violated their terms by overstepping its boundaries.
Education Department officials said the CFPB violated the agreements by not directing complaints about Title IV student loans to the department within 10 days; instead, the bureau addressed the cases.
The Education officials said the department takes exception to the CFPB unilaterally expanding its oversight role to include the Departments contracted federal loan servicers, and called it characteristic of an overreaching and unaccountable agency.
Read more: http://thehill.com/policy/finance/349223-education-dept-ends-agreement-to-work-with-consumer-bureau-on-student-loan
Kber
(5,043 posts)Protecting students
MyOwnPeace
(16,940 posts)You don't think she'd be trying to protect her "money" friends, do you?
Botany
(70,589 posts)And Amway is a multi million dollar scam too.
https://www.usatoday.com/story/news/2017/02/07/facts-about-education-secretary-betsy-devos/97605238/
johnnyrocket
(1,773 posts)barbtries
(28,811 posts)we and our friends engage in this fraud and it's lucrative so we're just going to let it go on.
turbinetree
(24,720 posts)you self righteous witch.........................
http://www.motherjones.com/politics/2014/01/devos-michigan-labor-politics-gop/
http://www.motherjones.com/politics/2017/06/betsy-devos-once-again-stumbles-when-asked-about-lgbt-discrimination-at-private-schools/
http://www.motherjones.com/politics/2017/07/betsy-devos-civil-rights-chief-said-90-percent-of-campus-rape-claims-are-bogus-the-backlash-was-swift/
TeamPooka
(24,259 posts)lunasun
(21,646 posts)Tax paying students? Nah
Javaman
(62,534 posts)not fooled
(5,801 posts)on college students.
Disgusting.
smirkymonkey
(63,221 posts)Miserable bitch!
BlueIdaho
(13,582 posts)Burn that witch at a stake.
Initech
(100,105 posts)Ain't no justice.