Secretary of Education Betsy DeVos has withdrawn guidance issued by President Barack Obama designed to improve the contracting process for student loan services. The guidance had directed the Office of Federal Student Aid to consider past behavior of servicers in awarding contracts and to include consumer protections in those contracts. DeVos said she made the move to improve stewardship of taxpayer dollars.

Full Story: Bloomberg

0

No comments

You must be logged in to post a comment.