Judge slams DeVos for rejecting 94% of loan relief claims - News Channel One

Breaking News

Judge slams DeVos for rejecting 94% of loan relief claims

Judge slams DeVos for rejecting 94% of loan relief claimsMonths after vowing to process a backlog of 160,000 requests for loan forgiveness from students who say they were defrauded by their schools, the U.S. Education Department has rejected 94% of claims it has reviewed, according to a federal judge who is demanding justification for the “blistering pace” of denials. In a biting decision issued Monday in California, U.S. District Judge William Alsup said the department has been denying claims using template letters that are “alarmingly curt." Alsup threatened to suspend the agency from rejecting further requests, saying its approach “hangs borrowers out to dry.”




from Yahoo News - Latest News & Headlines https://ift.tt/3dOuTD9

No comments