...Warren, a member of the Senate banking and education committees, also said it was “shocking” that the department had not yet recovered some $22 million in allegedly improper payments made to Sallie Mae despite a 2009 recommendation from the department’s inspector general that it recover the debt.
“The Department of Education needs to be aggressive in watching out for students, not for profit-making loan servicers,” Warren said. “They’re there for our students, not to help loan servicers make a profit...”
Saturday, December 07, 2013
Elizabeth Warren: Education Department Shouldn't Be A 'Lapdog':