Monday, August 27, 2018

What else is new?

Top student loan official at consumer agency quits over Trump policies
(Politico)
By MICHAEL STRATFORD
     The top official overseeing student loans at the Consumer Financial Protection Bureau resigned on Monday in protest of Trump administration policies that he said were harming students and families.
     Seth Frotman, the student loan ombudsman at the CFPB, said in a letter to acting Director Mick Mulvaney that political leadership at the consumer bureau over the last 10 months had repeatedly undermined efforts by career employees to take action against abuses by student loan companies and for-profit colleges.
     "It is clear that current leadership of the bureau has abandoned its duty to fairly and robustly enforce the law," Frotman wrote in the scathing resignation letter, which was obtained by POLITICO. "The Bureau's new political leadership has repeatedly undercut and undermined career CFPB staff working to secure relief for consumers."
     Frotman has served as the consumer bureau’s top student loan official since 2016. He initially joined the CFBP when was being created in 2011, working on military service member issues as a senior adviser to Holly Petraeus.
     Frotman’s resignation, which is effective Sept. 1, underscores the growing frustration by consumer advocates and Democrats that the Trump administration is dismantling protections for the nation’s more than 42 million student loan borrowers who collectively owe $1.5 trillion….
The Incredible, Rage-Inducing Inside Story of America’s Student Debt Machine
(Mother Jones)
     Why is the nation’s flagship loan forgiveness program failing the people it’s supposed to help?
BY RYANN LIEBENTHAL- SEPTEMBER/OCTOBER 2018 ISSUE

5 comments:

Anonymous said...

Heard Glenn is trying to bypass curriculum process with photonics AA. Can someone confirm. Serious violation of 10+1.

Anonymous said...

I heard this too.

Anonymous said...

Glenn, trying to help a friend. Awww. Please track whose classes get cancelled for low enrollments and whose do not. Please.

Anonymous said...

Does it have something to do with Kiana leaving? Did she, as department chair and wife of the college president, used to protect this consistently low-enrolled program? Now she's gone.

Roy Bauer said...

Yeah, we're hearing things all right.

Roy's obituary in LA Times and Register: "we were lucky to have you while we did"

  This ran in the Sunday December 24, 2023 edition of the Los Angeles Times and the Orange County Register : July 14, 1955 - November 20, 2...