WASHINGTON, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) announced the launch of DeVos Watch, a new online resource that will elevate emerging issues affecting actions and developments pursued by U.S. Department of Education Secretary Betsy DeVos. The online platform will be hosted on Senator Warren's website.
Center for Responsible Lending (CRL) Counsel Ashley Harrington released the following statement:
We applaud Senator Warren's leadership for holding Secretary DeVos and the Department of Education accountable to students and parents. This new resource will be valued not only by education leaders and advocates, but additionally by the 44 million student loan borrowers who collectively share $1.4 trillion in debt.
It is a matter of public record that higher education accountability at the federal level has suffered a series of setbacks since Secretary DeVos was confirmed earlier this year.
From her senior-level appointees with close ties to the for-profit college industry, to the departmental regulatory reversals that favor for-profit colleges and loan servicers to the detriment of student borrowers, a growing concern has developed among consumer and civil rights advocates. We continue to call into question the quality, accessibility, and affordability of for-profit college institutions.
Further, according to the Congressional Budget Office, the recently-released 2018 White House budget proposal would result in $26.8 billion in cuts that students and families will have to pay for over the next decade. Additionally, nine programs now operating within the Department would be eliminated at a cost of nearly $5 billion to students.
No elected or appointed official should ever depart from or diminish the primary role of government: service to the American people. Instead, Secretary DeVos’ actions create a pattern of preference to private interests. Shedding further light on these practices is essential to protecting students and taxpayers.”
For more information, or to arrange an interview with a CRL spokesperson on this issue, please contact Charlene Crowell at firstname.lastname@example.org or 919.313.8523