Program at a Standstill!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to Mother Jones, in 10 months, the Trump administration has yet to approve a single claim to help defrauded students of such for-profit colleges as Corinthian or ITT.

Questions:
1. Who is now calling on the Department of Education to resume helping students who borrowed loans from the fraudulent for-profit colleges?
2. Approximately how many people have been defrauded from Corinthian and ITT?
3. How many borrower defense claims had been approved under the Obama administration?
4. Why did Betsy DeVos draw criticism from consumer advocates and lawmakers when, at a conference in Michigan, regarding this issue?

Source:
Rios, E. (2017). The Trump Administration Has Yet to Approve a Single Student Debt Relief Claim. Mother Jones, Nov. 15 (Retrievable online at http://www.motherjones.com/politics/2017/11/the-trump-administration-has-yet-to-approve-a-single-student-debt-relief-claim/)