Betsy DeVos Just Removed Obama Student Loan Protections
Betsy DeVos Just Removed Obama Student Loan Protections The Trump administration’s latest attack on the middle class just made it harder for students to pay back their student loans. Betsy DeVos on Tuesday rolled back an Obama administration protection for student loan borrowers that reformed how student loan servicers collect debt. Faced with the rising student loan crisis, the Obama administration put in place protections for borrowers that directed the Federal Student Aid Office to shift their focus from collecting debt to helping borrowers find ways to manage their debt and prove payment plans. Well, the Trump administration just formally undid...
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