21 States to DeVos: Stop Blocking our Efforts to Crack Down on Student-loan Companies

Posted April 9, 2019

External Article: MarketWatch

Peter Swire, the Nancy J. and Lawrence P. Huang Professor of Law and Ethics in the Georgia Institute of Technology's School of Public Policy, was recently quoted in an article entitled “21 States to DeVos: Stop Blocking our Efforts to Crack Down on Student-loan Companies” for MarketWatch.

Here's an excerpt:

The top law enforcement officials in 21 states are accusing Betsy DeVos’s Department of Education of blocking them from accessing information they say they need to hold student-loan companies accountable for allegedly harming borrowers.

Attorneys general in New Jersey, Washington, Colorado and 18 other states, wrote to DeVos this week, asking her reverse the limitations the Department has placed on the disclosure of student-loan information to state law enforcement agencies. In the past, state AGs probing student-loan companies have been able to access records related to the federal student-loan program held by those companies — which are contractors of the Department of Education — in the course of probes or litigation.

Read the full story here.

The School of Public Policy is a unit of the Ivan Allen College of Liberal Arts.

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Peter Swire is the Elizabeth and Tommy Holder Chair of Law and Ethics in the Scheller College of Business.