Exclusive: Former for-profit college executive shaped Education Department policy...

[DonViejo]

Source: ABC News

Exclusive: Former for-profit college executive shaped Education Department policy that could benefit former employers: Documents

By ERIN DOOLEY
May 15, 2018, 5:24 AM ET

A senior U.S. Department of Education official hired straight out of the for-profit college sector helped dismantle regulations designed to protect students defrauded by for-profit colleges into taking out five-figure loans on promises that they would get good jobs — a move that could benefit his former employers, according to emails obtained exclusively by ABC News.

Education Department adviser Robert Eitel, hired by the Trump administration last February after four years in the for-profit college industry, played a role in suspending an Obama-era policy known as "borrower defense to repayment." The rule made it easier for students, enticed into taking out five-figure loans on promises that they would get good jobs, to file for debt relief. It also allowed the government to recoup the losses from the schools.

Ultimately, those potentially most impacted include many predominantly low-income, and minority students disproportionately represented at for-profit colleges and often saddled with high student loans and facing poor job prospects.

Education Department Staffing

Education policy changes involving for-profit colleges has been a touchy subject since Secretary Betsy DeVos, who entered office with investments tied to the for-profit college sector, took over the department following Trump’s election.

Read more: https://abcnews.go.com/US/exclusive-profit-college-executive-shaped-education-department-policy/story?id=55108981

[Eliot Rosewater]

1. Everything we know is gone. WE might get some of it back but there are consequences for this:

[dalton99a]

2. Kick

[BigmanPigman]

3. tRump University must have fallen into the category

of making promises of success then not providing any help once they cash their checks. Fraud and corruption is part of this admin and DeVos is the perfect person to see that it continues in the Dept of Education.

[appalachiablue]

4. Financial Predator Greedheads, the 'education' batch targeting minorities,

women & others wanting 'education'. Stealing their money via sham, private, for profit academies, schools & so-called colleges/univs.

[OhioLiberal2008]

5. Was itt Tech one?