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

November 27, 2018 via The Washington Post –

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 or solutions.

“Our higher ed system is the envy of the world, but if we, as a country, do not make important policy changes in the way we distribute, administer and manage federal student loans, the program on which so many students rely will be in serious jeopardy,” DeVos said at the Education Department’s annual Federal Student Aid training conference in Atlanta.

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