Cardona scraps DeVos policy, will fully cancel debt of many students defrauded by colleges
About 72,000 people will have their federal loans fully canceled after Education Secretary Miguel Cardona on Thursday scrapped a plan to give partial debt relief to students defrauded by their colleges, ending a controversial policy instituted by his predecessor Betsy DeVos.
An estimated 72,000 people will get full federal loan cancellation after the Education Department’s move. Read this article from The Washington Post.
Governor's Student Debt Task Force
Executive Order #67 Relating to the Creation of the Governor’s Task Force on Student Debt
Gov. Tony Evers Creates Student Debt Task Force
Task Force Aims To Address Wisconsin's Student Debt Crisis
By Alana Watson
Published:
Wednesday, January 29, 2020, 3:15pm
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Wisconsin Gov. Tony Evers has signed an executive order creating a task force on student debt.
Evers, along with state Department of Financial Institutions Secretary Kathy Blumenfeld, who will chair the task force, announced Wednesday that the task force will assess the causes of student debt, provide long-term strategies to reduce education-related debt, find ways to prevent abusive practices by loan companies and improve loan education.
Evers mentioned the creation of the task force during his second State of the State address last week.