BETSY DEVOS JUST MADE IT HARDER FOR RIPPED-OFF STUDENTS TO GET FULL LOAN FORGIVENESS

[Judi Lynn]

Source: Newsweek

BETSY DEVOS JUST MADE IT HARDER FOR RIPPED-OFF STUDENTS TO GET FULL LOAN FORGIVENESS
BY CELESTE KATZ ON 12/20/17 AT 10:26 PM

Students ripped off by for-profit college loan programs may face a painful lesson in the workings of government thanks to the federal Education Department’s decision to change the rules about forgiving their debt.

Education Secretary Betsy DeVos announced Wednesday that the department is altering the Obama Administration’s promise of completely erasing loans taken out by students defrauded by the Corinthian Colleges chain.

DeVos said under the new standards, forgiveness will now be tied to students’ income as a way of measuring whether they did enjoy some benefit from their educations—even if they were deceived about the worth of their diplomas.

Read more: http://www.newsweek.com/betsy-devos-student-loan-relief-754745?piano_t=1

[not fooled]

1. As I tell students and others who don't vote

it takes a LOT less time to educate yourself on the issues and go vote than to live under onerous GOPee policies, e.g. paying off mountains of student debt.

[turbinetree]

2. How fucking quaint, this zealot made this decision :

"DeVos said under the new standards, forgiveness will now be tied to students’ income as a way of measuring whether they did enjoy some benefit from their educations—even if they were deceived about the worth of their diplomas."

Hey, Devos exactly how did your family make its money? Why don't you tell everyone your family business operation!

That income will be the motivating factor, income, not the fraud concocted by the chain of a for profit ripping a human being off, but by fucking income, that have been maligned ----------

Hey Devos, now that you have given the green light that anyone and everyone can now fuck people, and that this chain was criminal enterprise investigated by the Obama administration to have committed fraud.

Why or how in the fuck do you go through life with no moral assets and have no fucking conscience to what you do?

How do you fucking sleep at night letting fucking thieves deceive and steal people out of there hard earned money------------I forgot you and your bunch just got a huge tax break to fuck people by republican criminals in Congress, that have no conscience........


FUCK YOU and the fucking horse , or broom you ride on

November 2018 cannot get here fast enough

[mr_lebowski]

3. FUCK THEM, AND FUCK HER ...

Who the FUCK gave this C-word (and it IS DESERVED, no sexism intended) the POWER to make this decision?

WTF kind of BULLSHIT IS THIS?!?

[turbinetree]

4. Yepper, spot on

[mr_lebowski]

5. I edited my post after TT replied ...

To add the last two lines ... full disclosure ...

[Angry Dragon]

6. She sleeps fine because she has more money than she knows what to do with

[turbinetree]

8. figuring how to scam people after all its in the Amway brochure package plan

I really dislike her-----------shes a witch on a broom

[Initech]

7. FUCK THIS GOD DAMN PIECE OF SHIT ADMINISTRATION!!!

FUCK THEM ALL!!!

[leftofcool]

9. Elections have consequences

Hillary warned us.

[RobinA]

10. OK, I'm Missing Something

If they are benefiting from the college degree, how are they ripped off? And why should they get loan forgiveness? I'm all for helping people out if they got a faulty product, but if their individual product turns out just fine, what's the problem?

[muriel_volestrangler]

11. If one of the victims is earning half what their peers do, they only get 50% relief

eg someone earning $25,000 while their peers earn $50,000. Now, since average weekly earnings with a high school diploma are $678, and a bachelor's degree $1,137, we can see that a bachelor's degree does not double someone's earnings anyway; but you can't say "this course was 50% successful - it got them earning half what they should be". Earning half would be an indication the course achieved absolutely nothing at all. (And that's for batchelor degrees - some courses were associate degrees, for which the high school diploma earnings are closer to the expected earnings, so that even less relief would be given).