DeVos decries student-loan program as a ‘looming crisis’

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Education Secretary Betsy DeVos on Tuesday warned that the federal student aid program is a “looming crisis in higher education” in a speech that some education experts say lacked an understanding of the problem.

 

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Don't take on debt you can't repay!!!! Smdh

The government has no right to get involved in student loans. Look what the government did to housing (remember when the housing bubble burst?) Anytime the government gets involved, the price goes up.

Undereducated Americans is also a looming crisis especially since baby boomers are retiring and robots will take the jobs that don’t require intelligence. Fast food workers, cashiers, warehouse, custodians all out of work.

Sad that our children are turned into indentured servants for higher education.

The face of pure evil

She has been on the job for two years and she just realized that? Maybe if she had pulled her head out of her ass two years ago, we could have made a little progress toward fixing the problem. People have been talking about this issue for years.

She has opinion on this and it matters? Why isn’t she gone yet?

I absolutely agree. Damn shame she aided and abetted for profit colleges.

Even simple customer service jobs are looking for a BA or BS degree. This system is rigged.

Yes. It is. And no one is doing anything about it.

Students should qualify for a loan like a mortgage or car! No $150,000 loans for bad students or poor paying degrees! They’ll default!!!

I think devos changing her hair color from black to blonde made her change her decision to privatize public schools because blondes do have more fun so the saying goes.

Uh, duh....

Well, duh

I wish death on a very small amount of people, but this c*nt is definitely up there.

No. You are the looming crisis Betsy!

Wait, I thought it was the caravan...

It will be the cause of the next financial meltdown. Can’t repay loans with gender studies degrees.

Students should go to school from 830 to 430 and better teachers. Maybe they might learn something.

Obama bankrupted many deadwood private schools that were taking loads of gov't money and delivering little-to-nothing to students (cf. Trump U, but much bigger); DeVos gives those programs life.. - DeVos decries student-loan program as a 'looming crisis'

She’s the looming crisis.

Then she should be creative and find a way to get rid of it. Other countries do.

DeVos made it that way.

Her 10+ Yachts are a “Looming Waste Of Money” Sell them & send some inner city children to college for FREE! BetsyDeVos BetsyDeVosED

Why is she still here?

Student loans is the crisis! Charging these kids 7-10% interest; when the government bailed out the corporations in 2008 the gov. Interests on those loans where 0%! This is a joke. DeVos needs to step down.

Just pay your loans?

Hmm... deregulation may have something to do with it.

The educated taking advantage of the uneducated. Collage should be for everybody not just the rich. The professors are telling students how they should think it seems now days.

Has anyone noticed an uptic in predatory loan company's tv adds?

這種向學生放貸的事情,必須嚴懲,中國已經發生了多起因向學生放貸,導致悲劇的發生...

Is the crisis bears?

It's not looming. It's here. Thanks, Obama.

Looming? It is a crisis

Betsy Can't Handle it because her money can't buy her way to an answer. TRUMP'S Drain the swamp sure has a lot of dumb people in important places!

Well, of course not. There are very few crises that reach the upper echelons.

BetsyDeVosED. She’s creating more crises! So unfit for her job. Who’s she supporting anyway? Obviously not the students or teachers. She needs to ride off into the sunset.

Where has she been?!

This crisis was 'looming' 20 years ago. As someone with an MA living completely paycheck to paycheck because of the high price of my student loan payment, I can say confidently that the crisis is here.

You know what’s a looming crisis lady... the trillions we owe... the trillions that banks and institutions asked us to take on with barely any information available and taking advantage of the dreams and aspirations of inexperienced teenagers and 20-something yearl olds...

Because people like DeVos make education less affordable and make loan forgiveness tougher. Spare me, the only thing she considers a crisis are private Christian schools not raking in as much money.

Looks like she’s getting to quack.

Your the crisis this Witch is still hanging around time to give her the boot😡👎

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Betsy DeVos: Student Loan Debt Is Now A 'Crisis'Rising student loan debt has created a 'crisis in higher education,' said U.S. Department of Education Secretary Betsy Devos yesterday So she's going to embrace for-profit universities that combine crippling debt with low-quality education that many employers laugh at. Yet, you’ve no plans of reducing the tuition. In related news, water is wet.
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