The administration just randomly ended a successful program that protected student loan recipients from predatory companies.
The interim head of the Consumer Financial Protection Bureau announced a reorganization Wednesday that will eliminate the separate arm that focused on the interests of students and other young Americans. The Office of Students and Young Consumers had actively and aggressively policed the student loan industry and monitored credit card companies and other financial institutions
With so much at stake in President Trump’s tax scam, advocates for women and families are telling members of Congress to say NO to what Trump and the GOP have planned for giveaways to wealthy people and corporations and YES to the notion that everyone deserves an opportunity to succeed and thrive regardless of their income, identity, or background.
The Senate voted to pass a sweeping GOP tax bill on Saturday morning while Americans were sleeping, in a move that was sharply criticized by both Democrats and the public. While the biggest takeaway is that the wealthiest people and big corporations would receive massive tax cuts and reap the most benefits, the GOP tax bill would dramatically affect millennial women by slashing investments in women and families programs, gutting a key provision of the Affordable Care Act, and placing more financial burdens on young women.
Thousands of students who say they have been swindled by predatory for-profit universities will soon learn whether their loans will be forgiven by the Education Department, but under a new Trump administration policy, some students who expected full loan forgiveness may only receive partial relief.