Lawmakers Attack DeVos Over Actions On Student Loan Relief Program

The transcript discusses a federal program aimed at forgiving loans for students defrauded by for-profit institutions. It highlights the controversy surrounding Betsy DeVos's handling of the program, particularly her alleged obstruction of loan relief for students of Corinthian Colleges. The exchange between DeVos and Representative Josh Harder is detailed, where Harder accuses DeVos of failing to comply with a federal court order. DeVos defends her actions, stating that her policies aim to ensure fairness by screening claims for financial harm.

What was the main accusation against DeVos regarding the federal loan forgiveness program?

• She was accused of obstructing loan relief for defrauded students.

• She was accused of mismanaging federal funds.

• She was accused of increasing student loan interest rates.

• She was accused of reducing the number of eligible institutions.

What did Josh Harder accuse DeVos of during their exchange?

• Supporting public universities over private ones.

• Obstructing a federal court order.

• Increasing tuition fees.

• Failing to attend committee meetings.

How did DeVos respond to the accusations made by Josh Harder?

• She took personal offense and defended her actions.

• She ignored the accusations.

• She promised to resign.

• She agreed with the accusations.

What criteria did DeVos suggest for students to receive loan forgiveness?

• Students must have attended a public university.

• Students must have a GPA above 3.0.

• Students must have graduated within four years.

• Students must have suffered financial harm due to deception.

What was DeVos's argument regarding fairness in loan forgiveness?

• Only students who suffered financial harm should receive forgiveness to ensure fairness to taxpayers.

• Loan forgiveness should be based on the institution's reputation.

• Loan forgiveness should be granted to students with the highest debt.

• All students should receive loan forgiveness regardless of circumstances.