Seth Frotman, in a scathing resignation letter to acting director Mick Mulvaney, says the agency “has turned its back on young people and their financial futures."
Norwich University is the latest college to adopt the approach. Though the alternative to student loans is being praised, some critics warn of unintended consequences.
Last week, the administration began what reformers fear is the dismantling of an Obama-era initiative to crack down on lending abuses.
Lower salaries aren't the only factor holding women back from economic independence.
The price of a college education, even at public universities, is out of control, causing many Americans to question whether college degrees pay off.
To get fair credit terms, students need to know their rights and mobilize. They can demand better terms through state-owned banks.
Higher education has been transformed from a public service into a lucrative cash cow for private investors.
The president's pseudo-populist economic message helped put him in the Oval Office, but it's not likely to work given the world's economic realities.