Too many student-loan borrowers are missing their chance to get the debt relief they deserve because Department of Education Secretary Betsy DeVos and her staff have botched the administration of a loan-forgiveness program, a new lawsuit charges.
Millions of workers are relying on the Public Service Loan Forgiveness program, but the Department of Education — “the very agency that is supposedly the champion of our nation’s education system — has failed to live up to its role in administering this program,” the suit said. As a result, the department “has eviscerated the statutory promise of loan forgiveness for those who have spent a decade or more in public service dutifully repaying their loans.
Student loans accounted for $1.49 trillion of the nearly $14 trillion in American household debt as of 2019’s first quarter, according to the Federal Reserve Bank of New York. Nolan said a college degree was pitched to her as a way she could pull herself up by the bootstraps and achieve the American Dream. “For me, this process is setting those boots in cement,” she said.
And why do we think that 1% are her friends or family? Scum. Lock her up. If not now , just after Dufus Don is gone.
guaranteed they're all in the Upper Class of Society!!
. . . but was not funded enough to fit that need. Something had to give. Unfortunately, I don't know what a good middle ground to satisfy both sides would be.
I am happily in this program and been so for a few years (got in before the harder screening process). I do not agree politically with the people in charge, but realistically, something needed to be done - a super popular program that filled a great need . . .
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