U.S. Magistrate Judge Sallie Kim held Education Secretary Betsy DeVos in civil contempt of court on October 24, 2019, for violating a preliminary injunction barring the Department of Education from collecting on loans from 16,000 former Corinthian Colleges students and fined the Department $100,000. …
Betsy DeVosSallie KimDepartment of Educationcontempt-of-courtbetsy-devosstudent-debtcorinthian-collegesrule-of-law
On December 21, 2017, Secretary Betsy DeVos announced a radical departure from Obama administration policy by implementing an earnings-based formula for Corinthian Colleges debt relief that denied full forgiveness to fraud victims and calculated partial relief based on post-graduation earnings. …
Betsy DeVosDepartment of Educationstudent-debtregulatory-capturebetsy-devoscorinthian-colleges
Education Secretary Betsy DeVos announced on June 14, 2017, that she would delay implementation of Obama-era “borrower defense to repayment” regulations scheduled to take effect on July 1, 2017—rules designed to help students defrauded by predatory colleges like Corinthian and ITT Tech …
During Betsy DeVos’s confirmation hearing on January 17, 2017, Democrats raised urgent concerns about her financial investments in student debt collection companies—conflicts of interest that remained unreviewed because Republicans rushed the hearing before the Office of Government Ethics …