Department of Education in Podcasts
governmentThe Department of Education is a federal agency responsible for overseeing education policy in the United States.
Mentions in Podcasts
The government has been trying to help Americans pay for higher education for decades. The federal student loan program that we're familiar with today dates back to 1965. And what was the theory behind that?
Defaulted borrowers could have their tax benefits withheld starting next month, and they could see up to 15% deducted from their paychecks later this summer. Secretary of Education Linda McMahon said that the department is making these moves to protect taxpayers, adding that they shouldn't have to serve as collateral for, quote, irresponsible student loan policies.
About 5 million federal student loan borrowers are considered to be in default, meaning they haven't made payments in over 270 days. And earlier this month, the Department of Education put those borrowers on notice. If they didn't start paying, their debt could be sent into collections. If borrowers do go into collections, what could that look like?
That's because last month, the Department of Education made an announcement.
The Department of Education is threatening Columbia University's status as an accredited school, saying the university violated civil rights law because of its handling of campus antisemitism. Now, the DOE is not directly in charge of accreditation, but it informed the commission that is responsible of these allegations.
Well, they got rid of the Department of Education at least, right? Did that go through yet? No, it's still there. It's still pending. Damn. Are you in favor of that one?
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