Statement from Alexis Goldstein, Senior Policy Analyst at Americans for Financial Reform:
Betsy DeVos spent her tenure at the Department of Education fighting against the legal rights of defrauded student loan borrowers at every turn. She rolled back protections, defied court orders, and even complained, when the law required her to execute debt cancellations previously approved by the Obama administration, that she did so with “with extreme displeasure.” And in her final days as Secretary, she condemned debt cancellation, even as the pandemic and economic crisis continues to rage, and student loan borrowers need every break they can get.
We look forward to a Department of Education that works toward broad-based debt cancellation, and understands its mission is to protect students, not predatory institutions.