Trump administration is not processing thousands of loan forgiveness requests

The federal government has a loan forgiveness program that pardons federal loans to students after 10 years if they work for 10 years in the public sector.

Problem is, Trump's secretary of education, Betsy DeVos, has not processed thousands of loan forgiveness applications. So now she's getting sued for not doing her job.

Trump administration lied about competition bringing down prices

According to Reuters, the Department of Education, under Betsy DeVos, will give the exclusive contract for student loans to a monopoly.

President Donald Trump's administration will soon offer an exclusive contract that will give one company the right to service billions of dollars of outstanding federal student loans now handled by four companies, officials said on Friday.

The U.S. Education Department, led by Trump pick Betsy DeVos, said the streamlining will save money and increase efficiency. But critics said student borrowers could suffer because a single company would be granted a monopoly, with no incentive to provide better customer service.

Prior to this there were four student loan companies competing with each other, which means now there will not be an incentive for just one company to give students better deals on student loans.

But there's more.

Corruption: Trump administration stalled investigations on fraud in for-profit colleges

According to The New York Times, during the Obama administration there was a crackdown on fraud perpetrated by for-profit colleges, but with Donald Trump in power, and Betsy DeVos as Secretary of Educations, the investigations into fraud in private schools stalled.

From the NYT article:

Betsy DeVos gets booed and graduates turn their backs to her in protest

Betsy DeVos went to Bethune-Cookman university, a historically Black college in Florida, to deliver the commencement speech and not only got heckled and booed, but also many of the graduates turned their backs on her. Things got so bad a university official had to take the microphone and tell the gradutes that "if this behavior continues, your degrees will be mailed to you." The graduates didn't care and they continued their protest.

Here is the video:


https://youtu.be/JmygRoVHxm4