Betsy DeVos, Trump’s nominee for education secretary, testified in a confirmation hearing that she had never been on the board of the Edgar and Elsa Prince Foundation despite 14 years of tax filings listing her as vice president.
Navient, formerly known as Sallie Mae, oversees about $300 billion in student loans owed by 12 million borrowers.
Betsy DeVos will likely still get confirmed, but she had difficulty answering several basic questions about education policy.
Billionaire Republican megadonor Betsy DeVos may be in for a feisty nomination hearing, at least by the standards of education secretaries.
A day after Volkwagen’s multibillion-dollar settlement over its use of software to dodge emissions rules, the government has accused Fiat Chrysler of similar tricks.
College programs whose graduates don’t earn enough money to pay back their student loans face closure.
Campbell Brown, a former TV news anchor and education reform activist, has personal and professional links to Betsy DeVos, Trump’s nominee for Education Secretary.
If your family earns less than $125,000 a year, tuition at New York colleges will be free under the proposed Excelsior Scholarship system.
“Get rid of your student loans now! Before it’s too late and Obama is out of office,” the Chymoji creator told her 10.6 million followers.
The controversial industry has an “overwhelming negative impact” on students according to one report, but investors expect big things ahead.
Democrats fear tens of thousands of requests to have student loans cancelled could sit gathering dust during the next administration.
DeVry University, a giant of the for-profit college business, has settled charges that it misled prospective students about their likelihood of finding a job.
Critics of the administration’s efforts to forgive student loans will capitalize on the revelation that the programs will cost tens of billions more than expected.
The University of Phoenix was the victim of a “gross and grave injustice” that the Trump administration should not repeat, McCain said.
Picking the Republican mega donor will please mainstream Republicans but may anger some of Trump’s more ardent supporters.
Xerox Education Services, formerly known as ACS, has a troubled history with errors in its student loan portfolio.
Republican megadonor Betsy DeVos would be the conventional choice, while school reformer Michelle Rhee would be the “fuck you” candidate for teachers unions.
People who got health care thanks to Barack Obama’s signature domestic policy are worrying over what comes next.
A liberal arts degree never looked so expensive.
Donald Trump and congressional Republicans have vowed the health care law will be one of the first things to go and insurance companies are getting ready for a whole lot of uncertainty.