Democrat from Massachusetts says US Department of Education goes to ‘extraordinary lengths’ to protect student loan companies—at borrowers’ expense
By Deirdre Fulton, staff writer for Common Dreams. Published 3-4-2016
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