3/13/2019

BETSY DEVOS/BUDGET/EDUCATION/TRUMP PEOPLE: “For the third year in a row, Education Secretary Betsy DeVos has proposed ending a loan forgiveness program for public service workers and eliminating subsidized loans for low-income students. The budget put forward this week by President Donald Trump has little chance of being accepted by Democrats who control one chamber of Congress, but lays out a clear set of priorities for the administration. Lawmakers have rejected the Trump administration’s previous efforts to cut funding, increasing the Education Department budget instead, even when Republicans controlled both the Senate and House. DeVos proposed a 12% decrease in funding for her department for fiscal 2020, with similar cuts to student aid that were included in her previous two budgets. The proposed reforms to student aid would save the government more than $200 billion over the next decade, according to the White House document submitted on Monday. About a quarter of those savings would come from eliminating the Public Service Loan Forgiveness Program for future graduates.”

Katie Lobosco, “DeVos wants to cut budget funding for student loan forgiveness, again,” CNN Politics, CNN.com, March 13, 2019 3:33 pm