DeVos Fined $100,000 for Failure to Forgive Student Debt
- Education Secretary found in contempt of court by judge
- Fund will be set up to help more than 16,000 borrowers
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U.S. Secretary of Education Betsy DeVos was hit with a $100,000 fine for violating a judge’s order to stop debt collection efforts against former students at bankrupt Corinthian Colleges Inc.
Despite the order, the department went as far as seizing the students’ tax refunds and wages.