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Articles tagged with: Depatment of Education

AFR in the News: The Education Department just froze two key protections for students (The Nation)
June 15, 2017 – 1:21 pm

“The New York Times obtained draft memos showing that officials initially discussed using budgetary impact as the justification. In other words, they looked for whatever pretense could get them to stop the rule on behalf of for-profit operators. Alexis Goldstein, senior policy analyst at Americans for Financial Reform, called the action ‘a slap in the face to defrauded Americans,’ and accused DeVos’s agency of placing ‘the interests of wealthy for-profit college executives ahead of students striving for a better life.’”

Letter to Regulators: AFR Urges Dept of ED to Add Enforceable Borrower Protections to Servicing Contracts, Public Input to Solicitation Process
May 5, 2016 – 11:42 am

AFR wrote to the Department of Education and urged them to ensure their contracts with student loan servicers have strong protections for borrowers.