Democrat from Massachusetts says US Department of Education goes to ‘extraordinary lengths’ to protect student loan companies—at borrowers’ expense
Can the U.S. Department of Education be trusted to protect the millions of Americans with federal student loans?
U.S. Sen. Elizabeth Warren (D-Mass.), who has tussled with the federal agency before, isn’t so sure.
She said as much in a letter (pdf) sent Thursday to acting Education Secretary John King Jr., in which she describes an independent audit published this week as “a stunning indictment of the Department of Education’s [DOE] oversight of student loan servicers, exposing the extraordinary lengths to which the Department will go to protect those companies when they break the law.” Continue reading