{"id":177308,"date":"2019-10-26T19:06:00","date_gmt":"2019-10-27T00:06:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2019\/10\/26\/chump-change\/"},"modified":"2019-10-26T19:06:00","modified_gmt":"2019-10-27T00:06:00","slug":"chump-change","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2019\/10\/26\/chump-change\/","title":{"rendered":"Chump Change"},"content":{"rendered":"

As threatened, Federal Magistrate Judge Sallie Kim held the Education Depaartment in contempt and assigned a $100,000.00 fine for continuing to attempt to collect debts from students of Corinthian Colleges<\/a>.<\/p>\n

That amount is chump change to someone like Secretary of Education Betsy DeVos, even it had been assigned to her.<\/p>\n

She needed to spend a few days in jail, because these actions were deliberately thwarting the judge’s instructions:<\/p>\n

A federal judge on Thursday held Education Secretary Betsy DeVos in contempt for violating an order to stop collecting loan payments from former Corinthian Colleges students.<\/span>

<\/span> Magistrate Judge Sallie Kim of the U.S. District Court in San Francisco slapped the Education Department with a $100,000 fine for violating a preliminary injunction. Money from the fine will be used to compensate the 16,000 people harmed by the federal agency\u2019s actions. Some former students of the defunct for-profit college had their paychecks garnished. Others had their tax refunds seized by the federal government.<\/span>

<\/span> \u201cThere is no question that the defendants violated the preliminary injunction. There is also no question that defendants\u2019 violations harmed individual borrowers,\u201d Kim wrote in her ruling Thursday. \u201cDefendants have not provided evidence that they were unable to comply with the preliminary injunction, and the evidence shows only minimal efforts to comply.\u201d<\/p>\n

\u2026\u2026\u2026<\/p>\n

In September, the federal agency revealed in a court filing that former Corinthian students \u201cwere incorrectly informed at one time or another \u2026 that they had payments due on their federal student loans\u201d after Kim put a hold on collections in May 2018.<\/p>\n

\u2026\u2026\u2026<\/p>\n

Attorneys for the borrowers proposed an array of sanctions, including fining DeVos $500 per day until the Education Department is fully compliant with the original court order.<\/p>\n

Toby Merrill, director at the Project on Predatory Student Lending, a legal-aid group representing the students, said the \u201crare and powerful action to hold the Secretary of Education in contempt of court shows the extreme harm\u201d of DeVos\u2019s actions.<\/span><\/p><\/blockquote>\n

Fine, schmine, DeVos Should have spent some time in jail.<\/p>\n

DeVos probably spends more on berthing costs for her yacht than the $500.00\/day proposed by the borrowers.<\/p>\n","protected":false},"excerpt":{"rendered":"

As threatened, Federal Magistrate Judge Sallie Kim held the Education Depaartment in contempt and assigned a $100,000.00 fine for continuing to attempt to collect debts from students of Corinthian Colleges. That amount is chump change to someone like Secretary of Education Betsy DeVos, even it had been assigned to her. She needed to spend a …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[368,435,397,456,407],"class_list":["post-177308","post","type-post","status-publish","format-standard","hentry","tag-corruption","tag-crimes","tag-education","tag-finance","tag-justice"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/177308"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=177308"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/177308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=177308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=177308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=177308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}