Betsy-Devos

Federal Judge Holds DeVos in Contempt for Illegally Collecting on Corinthian Loans - $100K Fine

2019-10-24 00:00:00 +0000 UTC | Importance: 9/10

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 DeVos Sallie Kim Department of Education contempt-of-court betsy-devos student-debt corinthian-colleges rule-of-law

DeVos Replaces Full Debt Relief With Earnings-Based Formula - Corinthian Victims Get Pennies on Dollar

2017-12-21 00:00:00 +0000 UTC | Importance: 8/10

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 DeVos Department of Education student-debt regulatory-capture betsy-devos corinthian-colleges

DeVos Freezes Borrower Defense Rule Protecting Defrauded Students - States Sue for Unlawful Delay

2017-06-14 00:00:00 +0000 UTC | Importance: 8/10

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 …

Betsy DeVos Maura Healey regulatory-capture student-debt betsy-devos for-profit-colleges