Home > Uncategorized > While Impeachment Captures Headlines, DeVos Defies Courts, Denies Relief to Debtors, Is Fined

While Impeachment Captures Headlines, DeVos Defies Courts, Denies Relief to Debtors, Is Fined

October 29, 2019

The entire for-profit post secondary schooling program has been in a shambles for years, a reality that always made it hard for me to understand why either party thought the privatization of public schools would be a good idea. At some juncture near the end of the Obama administration, the Department of Education decided it was time to clamp down on the schools who were bilking students out of money and driving up debt. To show the for profit schools that they meant business, USDOE went to suspended the debts accumulated by students who attended an especially egregious profiteering school, the Corinthian Colleges.  The Trump administration decided to reverse the Obama era’s ruling and re-imposed the debts. The student debtors went to court and the courts mandated that the debts be suspended. When Secretary of Education Betsy DeVos pushed back, USDOE was held in contempt of court and fined $100,000.

On the day the court made this ruling, Democracy Now reported that the USDOE’s top loan official, A. Wayne Johnson, resigned in disgust and pledged to do whatever it takes to relieve students of over $1,000,000,000,000 in onerous debt. After his resignation, Mr. Johnson told the Wall Street Journal,

We run through the process of putting this debt burden on somebody … but it rides on their credit files — it rides on their back — for decades. The time has come for us to end and stop the insanity.”

The insanity reigns in every department in the US Government as anti-regulatory appointees in each department wreak havoc on consumer protection, environmental protection, and workers rights. And as regulations are slashed, the staffing positions required to enforce those regulations are cut. As science is ignored, civic minded scientists are leaving departments in droves and research on medicine, climate, and nutrition are abandoning positions that remain unfilled. Inevitably, when the budget is put together for the next fiscal year and the ones thereafter, the lost tax revenues will “require” that unfilled staffing positions be cut, that “revenue sources” like student loans be retained, and that cuts that are “making the economy grow” be kept in place. The inevitable result: the rich will get richer and the poor will become intractably mired at the bottom of the economic ladder.

This was a great country when I was growing up. Making it “great again” requires not more de-regulation…. but more help for those who need it.

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