Education Policy, Business and Technology

DeVos speech offers no relief to borrowers

Inside Higher Ed: For days, higher education policy experts had been hoping that Education Secretary Betsy DeVos would use a speech Tuesday at a conference on student aid to stop what they see as a looming crisis for student loan borrowers. In less than a month, on Dec. 31, a moratorium President Trump had put in place excusing most borrowers from making payments on their loans will expire.

But speaking remotely to the Federal Student Aid Training Conference as she prepares to leave office this month, DeVos instead focused on having made it easier for borrowers to access their information online and through an app. She took a shot at free college plans, one of the top aims of the incoming Biden administration, as “socialist.”

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