Rising speculation is showing that The Department of Education May not be doing their job very well.
The Department of Education says that their purpose is to “establish policy for administer & coordinate most federal assistance to education”. (http://www.allgov.com/departments/department-of-education?detailsDepartmentID=584) But even though it’s states what their purpose is they seem to not be doing what the program was meant to do. It has been shown that many borrowers have been misinformed from many loan companies and the department of education has done nothing whatsoever to improve this. The most astonishing thing about this is that you have no choice on what loan companies you get it’s automatically assigned. More than 45 million borrowers are being tricked by these companies and the department of education is defending them. It has been reported that the Department of Education has been obstructing investigations towards these loan companies.
This is something that is bringing more questions to our congress and what have they been doing to check that the department of education is doing their job.
This is something that is bringing more questions to our congress and what have they been doing to check that the department of education is doing their job.